Reason: GEV and BE both carry weak-down short trend tags but are above their 200-day with strongly positive 1-year change and 1-year alpha - BE especially, at 1-year change +284.62% and 1-year alpha +264.74, thesis intact - deep pullbacks, not breakdowns; GEV's cushion above its 200-day has thinned sharply to +3.9% from +10.2%. TLN and CEG remain below their 200-day with negative 1-year change and negative 1-year alpha, and TLN has deteriorated further this cycle (vs 200-day -17.7%, was -13.1%; 1-year change -23.73%, was -12.13%).

Tape Read

$BE: price $210.77, RSI 46.3, golden-cross, trend tag weak-down (short-window), regime pullback, thesis intact, 7D +4.64%, 30D +28.71%, -40% off its 52-week high — but 1-year change is +284.62% (down from +349.36% last cycle, still extreme), 11.8% above its 200-day average (vs 200-day), and 1-year alpha +264.74: an extreme deep pullback inside a still-intact secular uptrend, not a breakdown. $GEV: price $911.93, RSI 37, golden-cross, trend weak-down, regime pullback, thesis unrated, 7D -4.76%, 30D +1.29%, -23.75% off its high, 1-year change +43.91%, 1-year alpha +24.04 — same pattern, but the cushion above its 200-day has thinned sharply to just +3.9% (was +10.2% last cycle) and bears watching. $TLN: price $296.11, RSI 32.4, death-crossed, trend strong-down, regime collapse, thesis unrated, 7D -5.84%, 30D -6.35%, -34.38% off its high — and the long horizon confirms further weakness: 17.7% below its 200-day (vs 200-day -17.7, worse than -13.1% last cycle), 1-year change -23.73% (worse than -12.13%), 1-year alpha -43.6 (worse than -33.94): a trend genuinely under test and deteriorating, with $359.61 (its 200-day) the level to watch. $CEG: price $276.75, RSI 54.4, death-crossed, trend weak-up, regime downtrend, thesis unrated, 7D +1.43%, -32.94% off its high — 7.1% below its 200-day (vs 200-day -7.1), 1-year change -13.39%, 1-year alpha -33.27: same read, trend under test, with $297.81 the 200-day level to watch. Source: full-scan pre-computed summaries as of the 2026-08-28 close — energy.

• $BE — PROMOTE-adjacent WATCH: 1-year change +284.62%, 1-year alpha +264.74, thesis intact, 11.8% above its 200-day — a deep pullback in an intact secular trend despite the still-extended chart.
• $GEV — WATCH: 1-year change +43.91%, 1-year alpha +24.04 — deep pullback, intact, but the cushion above its 200-day has thinned to +3.9% from +10.2% last cycle.
• $TLN — PASS: 17.7% below its 200-day, 1-year change -23.73%, 1-year alpha -43.6 — trend genuinely under test and deteriorating further; watch $359.61.
• $CEG — PASS: 7.1% below its 200-day, 1-year change -13.39%, 1-year alpha -33.27 — trend genuinely under test; watch $297.81.

Lead pick: $BE is the basket's clearest deep-pullback-in-an-intact-trend case, still up +284.62% on the year despite a brutal recent stretch and a thesis flagged intact. $GEV's structure has weakened somewhat this cycle — its cushion above the 200-day has thinned considerably and warrants closer watch. $TLN and $CEG remain the opposite case: both are below their 200-day with negative 1-year change and negative 1-year alpha, and TLN's read-through has actually gotten worse since last cycle.

Sources

• Tape data (price/RSI/SMA/returns/1-year change/1-year alpha): full-scan pre-computed summaries as of the 2026-08-28 close — energy.