Reason: The whole cohort remains deep pullbacks in massively intact secular uptrends, though the extreme 1-year change readings have compressed somewhat across the board since last cycle: MU 1-year change +736.17%->+665.77% (still 58.5% above its 200-day); STX +449.81%->+381.36% (43.1% above); WDC +515.38%->+460.03% (25.7% above); SIMO +248.19%->+197.05% (36.2% above). Still the year's most extreme repricing, still fully intact by the long-horizon read.

Tape Read

$MU: price $932.86, RSI 50.7, golden-cross, trend weak-down, regime pullback, thesis intact-but-priced, 7D -3.52%, 30D +26.23%, -25.67% off its 52-week high — 58.5% above its 200-day average (vs 200-day) and 1-year change +665.77% (down from +736.17% last cycle, still the deepest structural repricing on the desk this year), 1-year alpha +645.9: still intact by every long-horizon measure. $STX: price $829.76, RSI 47, golden-cross, trend weak-down, regime pullback, thesis intact, 7D -2.43%, 30D +8.55%, -27.53% off its high — 43.1% above its 200-day, 1-year change +381.36% (down from +449.81%), 1-year alpha +361.48: same read, intact. $WDC: price $459.45, RSI 45.2, golden-cross, trend weak-down, regime pullback, thesis intact, 7D +0.03%, 30D -0.56%, -42.56% off its high — 25.7% above its 200-day, 1-year change +460.03% (down from +515.38%), 1-year alpha +440.16: deep pullback, intact. $SIMO: price $245.81, RSI 46.9, golden-cross, trend weak-down, regime pullback, thesis unrated, 7D -4.97%, 30D +17.23%, -30.76% off its high — 36.2% above its 200-day, 1-year change +197.05% (down from +248.19%), 1-year alpha +177.18: same pattern. Source: full-scan pre-computed summaries as of the 2026-08-28 close — memory.

• $MU — PROMOTE (structural): 1-year change +665.77%, 58.5% above its 200-day, thesis intact-but-priced — the year's most extreme repricing, still intact even as the magnitude compresses.
• $STX — WATCH: 1-year change +381.36%, 43.1% above its 200-day, thesis intact — deep pullback, not a breakdown.
• $WDC — WATCH: 1-year change +460.03%, 25.7% above its 200-day, thesis intact — same read; still the group's thinnest cushion above its 200-day.
• $SIMO — WATCH: 1-year change +197.05%, 36.2% above its 200-day — intact but thesis-unrated.

Lead pick: All four names in this basket remain red-to-flat on the short window, but every one still sits well above its 200-day with a 1-year change in the triple digits — this cohort is still a deep pullback inside an intact, extreme secular repricing, not a breakdown, even as the magnitude of the year-over-year numbers compresses across the board this cycle. $MU remains the best-supported name on thesis state.

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 — memory.