Tech Insider Buys
Tech Insider Buys
2026-08-28 Tech Insider-Buys Scan — OKTA's Reversal Snaps Back Hard On A Confirmed Earnings Beat, TEAM's Extension Keeps Climbing Toward Its 52-Week High With No Fresh Catalyst Since Its August 6 Print, SMCI's Bounce Reaccelerates Inside A Still-Broken One-Year Trend, ESTC's Push Higher Rests On An Unconfirmed Earnings Date
OKTA's reversal, which deepened over the prior two cycles, snapped back hard this cycle on a confirmed earnings beat — RSI 42.8 → 64.7, 30-day print flipping to +21.42% from -1.13%, vs-SMA200 widening to +66.7% from +37.6% — sourced to a confirmed August 26 EPS beat ($1.05 actual vs. $0.96 consensus, +8.9%). TEAM's climb continued for a fourth-plus week, now within 2.33% of its 52-week high, but the run traces back to a confirmed catalyst that is now three weeks old — the August 6 earnings beat (EPS $1.87 vs. $1.50, +24.5% surprise; stock +31.5% on the print, per the event record) — and this desk's news pull (fetched August 27) shows nothing since. One-year return improved to +7.72% (was +4.39%) but stays thin relative to the size of the move; RSI now 79.1, vs-SMA200 +75.8% (was +59.2%). SMCI's bounce, which decelerated last cycle, reaccelerated this cycle — 30-day print back up to +44.28% from +21.86% — but the one-year return stayed negative at -15.67% (was -11.98%), keeping this a bounce inside a broken trend, not a deep pullback inside an intact one. ESTC extended further into parabolic (RSI 77.5, 30D +55.04%, vs-SMA200 +56.6%) on a scheduled August 27 earnings date that remains unconfirmed in the event record — the push cannot yet be attributed to a verified print. ARM's reversal stabilized (30D +6.3%, was -14.14%) and HUBS's 200-day gap narrowed sharply to -1.3% from -10.6%, though its one-year return stays deeply negative at -45.27%. VEEV's one-year return flipped positive (+1.6%, was -12.18%) for the first time in this tracked window.
Data as-of the 2026-08-28 close. Source: tech-insider-buys — price/technical fields only; this scan does not carry independent insider dollar-flow figures for this universe this cycle (see companion insider-scan for the overlapping names' Form-4 data). Prior scan: 2026-08-22-tech-insider-buys (2026-08-21 close).
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 A cycle defined by confirmed catalysts diverging sharply from unconfirmed ones — OKTA's beat drove a clean reversal, while TEAM's extension and ESTC's push both now sit ahead of, or well past, their sourced evidence |
| OKTA's reversal snapped back hard, confirmed by a beat | RSI 42.8→64.7, 30D -1.13%→+21.42% — sourced to an August 26 EPS beat ($1.05 vs. $0.96, confirmed) |
| TEAM keeps climbing on a three-week-old catalyst | Within 2.33% of its 52-week high; the August 6 beat is confirmed, but no fresh driver found in the August 27 news pull |
| SMCI's bounce reaccelerated inside a still-broken trend | 30D +21.86%→+44.28%, but one-year stayed negative at -15.67% |
| ESTC extends further on an unconfirmed print | RSI 74.7→77.5, 30D +46.46%→+55.04% — the scheduled Aug 27 earnings date is still `overdue-unconfirmed` |
| HUBS's 200-day gap narrows sharply | -10.6%→-1.3% — close to a trend-test flip, though one-year stays -45.27% |
| VEEV's one-year return turns positive | -12.18%→+1.6% — the first positive one-year print in this tracked window |
| Key insight | This cycle's real lesson is sourcing: OKTA's reversal and TEAM's original pop both trace to confirmed prints, but TEAM's continued climb and ESTC's continued push both now run ahead of what this desk can verify |
What's Going On
OKTA's reversal, which deepened over the prior two cycles, snapped back hard this cycle on a confirmed earnings beat. ($166.23, RSI 64.7, was 42.8; 30D +21.42%, was -1.13%; 7D +22.91%) — 2026-08-26-okta-earnings confirms an EPS beat of $1.05 versus $0.96 consensus (+8.9% surprise), reported after the close on August 26. One-year return improved to +79.53% (was +50.52%) and vs-SMA200 widened to +66.7% (was +37.6%) — the reversal flagged as weakening in the prior two cycles has reversed direction entirely, and this time the driver is sourced.
TEAM's climb continued for a fourth-plus week, now within 2.33% of its 52-week high — but the confirmed catalyst behind it is three weeks old. ($190.42, RSI 79.1, was 76.6; 7D +10.98%; 30D +82.6%, was +101.18% — decelerating only because the comparison window is rolling past the initial spike) — 2026-08-06-team-earnings confirms the original catalyst: an EPS beat of $1.87 versus $1.50 consensus (+24.5% surprise), with the stock moving +31.5% close-to-close on the print. This desk's news pull for TEAM (fetched 2026-08-27, ok, not stale) shows the most recent coverage is still about that same August 6 print — no fresh catalyst since. One-year return improved to +7.72% (was +4.39%) but remains thin relative to the size of the continued move; vs-SMA200 widened further to +75.8% (was +59.2%). The initial pop is sourced; the subsequent multi-week extension to within 2.33% of the 52-week high is not, and is flagged as extended pending a fresh driver.
SMCI's bounce, which decelerated last cycle, reaccelerated this cycle while the one-year return confirmed the underlying trend is still broken. ($37.08, RSI 56.9, was 61.7; 30D +44.28%, was +21.86%) reaccelerated sharply. But 1-year change is -15.67% (was -11.98%, worse) with 1-year alpha presumably still deeply negative — this is the pattern the desk explicitly watches for: a negative one-year return means the recent bounce is happening inside a longer trend that hasn't turned, not a deep pullback inside an intact one. SMCI's current strength should be read against that backdrop.
ESTC extended further into parabolic territory on a scheduled earnings date that remains unconfirmed. ($99.91, RSI 77.5, was 74.7; 30D +55.04%, was +46.46%; vs-SMA200 +56.6%, was +34.5%) — 2026-08-27-estc-earnings shows the scheduled August 27 print as overdue-unconfirmed: "the scheduled date passed without verified print evidence." This desk cannot attribute ESTC's continued push into parabolic territory to a verified print; the move is reported at full size from the summary, with the sourcing gap flagged explicitly rather than assumed.
ARM's reversal stabilized, and HUBS's 200-day gap narrowed sharply — both worth checking against their one-year numbers. ARM ($239.05, RSI 40, was 39.2; 30D +6.3%, was -14.14%) flipped back positive on the month; one-year cooled to +67.7% (was +82.56%) and vs-SMA200 narrowed to +19.9% (was +23.4%) — still a deep pullback inside an intact trend, though the cushion is compressing across two cycles. HUBS ($260.68, RSI 61.7, was 55.7; 30D +3.81%, was +17.14%, decelerated) saw its 200-day gap narrow sharply to -1.3% from -10.6% — close to a trend-test flip, though its one-year return stays deeply negative at -45.27% (was -47.36%). CRDO ($232.75, RSI 49, was 47.7; 30D +31.16%, was +1.01%, reaccelerated) cooled its RSI slightly while its one-year stayed strongly positive at +76.57% (was +107.98%, cooled as the window rolled).
VEEV's one-year return flipped positive for the first time in this tracked window — the clearest improvement among the "strength on a negative year" cohort. ($276.69, RSI 74.9, was 69.7; 30D +33.08%, was +34.33%, similar; one-year +1.6%, was -12.18%) — vs-SMA200 widened to +39.1% (was +24.1%). WDAY ($204.72, RSI 66.2, was 66.9; 30D +21.85%, was +51.04%, decelerated sharply; one-year -10.41%, was -12.11%, still negative) stays in the "recovery inside a longer downtrend" bucket, though the deficit is narrowing.
MSFT's one-year return flipped positive this cycle, resolving last cycle's genuinely mixed signal. ($513.52, RSI 73.1, was 62.4; 30D +31.49%, was +23.8%; one-year +0.76%, was -4.16%) — vs-SMA200 widened to +19.1% (was +12.0%). Still a thin one-year number relative to the scale of the recent run, but no longer negative. AAPL ($319.70, RSI 57.4; 30D -5.47%, one-year +37.47%, vs-SMA200 +13.1%) remains the cleaner deep-pullback case in the mega-cap group.
The chip-adjacent complex cooled or reversed on the short window this cycle, coinciding with NVDA's and MRVL's earnings week. NVDA ($217.55, RSI 52.3, unchanged regime basing) reported a confirmed Q2 FY2027 beat after the close on August 26 (revenue $96.221B, +106% YoY; non-GAAP EPS $2.22 vs. $2.09 consensus) — see 2026-08-26-nvda-earnings. MRVL ($216.62, RSI 47.2, was 55.8; 7D -8.63%) has a scheduled August 27 print that remains unconfirmed in the event record even as market commentary discusses it this week — this scan describes the decline as earnings-week volatility, not a confirmed reaction. INTC ($89.47, RSI 41.5; one-year +258.88%, vs-SMA200 +22.9%) and ASML ($1,696.16, RSI 43.4; one-year +122.17%, vs-SMA200 +15.9%) both cooled on the short window without long-horizon deterioration. MDB ($446.62, RSI 63, one-year +40.4%, vs-SMA200 +30.9%) extended further.
IONQ sits below its 200-day with a negative one-year return, cooling hard off a speculative three-month run. ($39.20, RSI 44.5; one-year -9.47%, vs-SMA200 -11.9%, thesis: intact-but-priced; 3M -45.61%) — a name unwinding a prior spike, not a clean pullback story either way.
INTU carries an unchanged thesis: broken flag despite a confirmed earnings beat (RSI 60, 30D cooled sharply to +7.48% from +29.01%, following a confirmed August 25 EPS beat) — full read in the companion bargain-bin scan; this override does not clear on any bounce or any print.
What Changed Since Prior Scan (2026-08-21 → 2026-08-28)
| Change | Read |
|---|---|
| OKTA's reversal snapped back hard — RSI 42.8→64.7, 30D -1.13%→+21.42% | Sourced to a confirmed August 26 EPS beat; one-year improved to +79.53% |
| TEAM's extension continued to a fourth-plus week — now within 2.33% of its 52-week high | Original August 6 beat is confirmed and sourced; nothing new found in the August 27 news pull |
| SMCI's bounce reaccelerated — 30D +21.86%→+44.28% | One-year worsened to -15.67% — still a bounce inside a broken trend, not a pullback |
| ESTC extended further into `parabolic` — RSI 74.7→77.5, 30D +46.46%→+55.04% | Scheduled Aug 27 earnings date remains unconfirmed in the event record |
| HUBS's 200-day gap narrowed sharply — vs-SMA200 -10.6%→-1.3% | One-year stayed deeply negative at -45.27% |
| VEEV's one-year return flipped positive — -12.18%→+1.6% | First positive one-year print for this name in this tracked window |
| MSFT's one-year return flipped positive — -4.16%→+0.76% | Resolves last cycle's genuinely mixed signal, though still thin |
| ARM's 30-day print stabilized positive — -14.14%→+6.3% | One-year cooled to +67.7%, still solidly positive |
| NVDA and MRVL both entered earnings week | NVDA's print is confirmed (beat); MRVL's remains unconfirmed |
How To Read The Board
The table labels are technical states, not trade recommendations. This cycle's real lesson is sourcing discipline: OKTA's sharp reversal and TEAM's original spike both trace to confirmed, filed earnings beats — that's the strongest evidence this scan can offer for a move. But TEAM's continued multi-week extension toward its 52-week high, and ESTC's continued push deeper into parabolic, both now run ahead of what's confirmed: TEAM's news pull shows nothing new since the August 6 print, and ESTC's own scheduled earnings date sits overdue-unconfirmed in the event record. Neither gets waved through as "earnings-driven" without that receipt. SMCI's reaccelerated bounce sitting on top of a negative and worsening one-year return is the same structural read flagged last cycle — a bounce inside a broken trend, not a deep pullback inside an intact one, regardless of how strong the current month looks. thesis: broken (INTU, tracked in the companion bargain-bin scan) remains a hard override that a confirmed earnings beat did not clear this cycle.
Price Table
Software/Hardware — RSI Below 50
| Stock | Price | RSI | 30D | 1Y | vs SMA200 | Regime | Thesis | Note |
|---|---|---|---|---|---|---|---|---|
| ARM | $239.05 | 40 | +6.3% | +67.7% | +19.9% | pullback | intact-but-priced | Reversal stabilized from -14.14% |
| MRVL | $216.62 | 47.2 | +32.57% | +180.5% | +45.7% | pullback | unrated | Earnings-week volatility; print unconfirmed |
| GOOGL | $346.59 | 49.3 | +2.93% | +63.8% | +3.6% | pullback | intact | Roughly flat |
| META | $578.02 | 49.6 | -1.30% | -22.9% | -7.2% | downtrend | unrated | Broken trend — see companion bargain-bin |
| CRDO | $232.75 | 49 | +31.16% | +76.6% | +33.4% | pullback | unrated | Reaccelerated from +1.01% |
| AMD | $465.57 | 44.8 | +8.38% | +176.2% | +38.7% | pullback | unrated | Flipped positive on 30D |
| DDOG | $236.98 | 46.9 | -10.30% | +68.1% | +35% | pullback | intact | Worsened from -4.1% |
| INTC | $89.47 | 41.5 | +9.27% | +258.9% | +22.9% | pullback | unrated | Deep pullback, huge year intact |
| ASML | $1,696.16 | 43.4 | +9.38% | +122.2% | +15.9% | pullback | unrated | Cooled from RSI 50.5 |
| AVGO | $368.79 | 42.7 | -0.41% | +20.4% | -0.2% | pullback | intact | Still testing its 200-day directly |
| QCOM | $164.19 | 48.5 | +5.47% | +2.1% | -2.2% | collapse | unrated | Improved off -4.4% vs-SMA200 |
| AMZN | $266.43 | 55.9 | +17.55% | +15.0% | +11.6% | uptrend | intact | Deep pullback, intact trend |
| IONQ | $39.20 | 44.5 | +22.54% | -9.5% | -11.9% | collapse | intact-but-priced | Below its 200-day, cooling off a speculative run |
| CEG | $276.75 | 54.4 | +7.29% | -13.4% | -7.1% | downtrend | unrated | Negative on the year, below its 200-day |
Mixed / Stabilizing — RSI 50-64
| Stock | Price | RSI | 30D | 1Y | vs SMA200 | Regime | Thesis | Note |
|---|---|---|---|---|---|---|---|---|
| BE | $210.77 | 46.3 | +28.7% | +284.6% | +11.8% | pullback | intact | Reversal resumed; see companion insider-scan |
| PANW | $371.59 | 55.8 | +18.28% | +94.5% | +61.9% | uptrend | unrated | Extended further |
| TSM | $417.52 | 49.6 | +11.44% | +75.2% | +13% | pullback | unrated | Steady |
| TSLA | $348.75 | 50.9 | +16.9% | +0.8% | -13% | downtrend | intact | See companion insider-scan |
| CRWD | $218.40 | 58.2 | +21.75% | +97.7% | +55.5% | uptrend | unrated | Extended from RSI 42.8 |
| ANET | $195.38 | 54.6 | +23.68% | +43.4% | +29.9% | uptrend | unrated | Extended |
| ASAN | $10.19 | 65.7 | +19.74% | -30.0% | +14.7% | pullback | unrated | See companion insider-scan |
| CRSP | $57.72 | 56.5 | +21.16% | +8.8% | +8.6% | pullback | unrated | See companion insider-scan |
| ADBE | $291.52 | 68.8 | +10.66% | -17.6% | +8.3% | pullback | unrated | See companion bargain-bin |
| SNOW | $328.00 | 61.3 | +15.94% | +36.1% | +51% | uptrend | unrated | Cooled from RSI 69.1 |
| MDB | $446.62 | 63 | +39.09% | +40.4% | +30.9% | uptrend | unrated | Deep pullback, intact trend |
| NET | $299.84 | 54.3 | +10.9% | +40.5% | +35.9% | uptrend | intact | Steady, extended |
| ZS | $184.23 | 60.4 | +19.81% | -34.3% | +4.8% | pullback | unrated | Still death-crossed, negative on the year |
Strength Pockets — RSI 64+
| Stock | Price | RSI | 30D | 1Y | vs SMA200 | Regime | Thesis | Note |
|---|---|---|---|---|---|---|---|---|
| OKTA | $166.23 | 64.7 | +21.4% | +79.5% | +66.7% | uptrend | unrated | Reversal snapped back hard on a confirmed earnings beat |
| WDAY | $204.72 | 66.2 | +21.9% | -10.4% | +27.3% | pullback | unrated | Deficit narrowing, still negative on the year |
| HUBS | $260.68 | 61.7 | +3.8% | -45.3% | -1.3% | downtrend | intact-but-priced | 200-day gap narrowed sharply from -10.6% |
| PLTR | $186.29 | 69.3 | +51.5% | +17.8% | +23.1% | pullback | intact | Extended sharply |
| NOW | $144.71 | 72.7 | +25.0% | -22.1% | +21.3% | pullback | unrated | Extended |
| FTNT | $166.00 | 57.2 | +8.34% | +109.4% | +53.5% | uptrend | unrated | Steady, still strongly positive |
| MSFT | $513.52 | 73.1 | +31.5% | +0.8% | +19.1% | uptrend | intact | One-year flipped positive this cycle |
| SMCI | $37.08 | 56.9 | +44.3% | -15.7% | +18.3% | pullback | unrated | Bounce reaccelerated inside a still-broken trend |
| VEEV | $276.69 | 74.9 | +33.1% | +1.6% | +39.1% | uptrend | unrated | One-year flipped positive for the first time |
| INTU | $358.06 | 60 | +7.5% | -46.4% | -17.7% | downtrend | broken | Bounce cooled after a confirmed earnings beat — avoid |
| ESTC | $99.91 | 77.5 | +55.0% | +13.8% | +56.6% | parabolic | unrated | Extended further; scheduled print unconfirmed |
| TEAM | $190.42 | 79.1 | +82.6% | +7.7% | +75.8% | parabolic | intact | Within 2.3% of 52-week high; original catalyst three weeks old |
| CRM | $256.00 | 80.8 | +35.9% | +0.6% | +27.8% | parabolic | intact | See companion bargain-bin |
Tier Analysis
Confirmed catalyst, clean reversal — OKTA's reversal snapped back hard on a sourced August 26 earnings beat, the cleanest sourced move in this scan.
Confirmed original catalyst, unconfirmed extension — TEAM's climb traces to a real August 6 beat, but the continued run to within 2.3% of its 52-week high has no fresh driver in this desk's news pull.
Unconfirmed print, extended anyway — ESTC pushed further into parabolic on a scheduled earnings date that remains overdue-unconfirmed.
Bounce inside a broken trend — SMCI reaccelerated on the short window while its one-year return (-15.67%) worsened; not the same setup as a genuine deep-pullback name.
Deep pullback, trend intact — ARM, CRDO, AAPL, DDOG, CRWD, MRVL, ASML, MDB, INTC all cooled or reversed on the short window while remaining well above their 200-days with strongly positive one-year returns.
One-year returns turning positive — MSFT and VEEV both flipped from negative to positive one-year returns this cycle, the clearest structural improvements in this scan.
Broken thesis, unmoved by a beat — INTU, a confirmed earnings beat did not clear the flag or extend the bounce.
Entry Zones
| Stock | Price | Zone | RSI | 1Y | Setup |
|---|---|---|---|---|---|
| TEAM | $190.42 | Extended — original catalyst is three weeks old | 79.1 | +7.7% | Within 2.3% of its 52-week high; no fresh driver found since the August 6 beat |
| ESTC | $99.91 | Extended — verify the print before chasing | 77.5 | +13.8% | Scheduled earnings date is `overdue-unconfirmed`; the run can't yet be attributed to a print |
| SMCI | $37.08 | Bounce inside a broken trend, not a discount | 56.9 | -15.7% | Reaccelerating 30-day gain against a worsening one-year return |
| OKTA | $166.23 | Confirmed reversal — sourced catalyst | 64.7 | +79.5% | August 26 EPS beat confirmed in the event record |
| HUBS | $260.68 | Watch the 200-day flip | 61.7 | -45.3% | Gap narrowed to -1.3% from -10.6%, though the one-year deficit is still deep |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD — CONFIRMED CATALYST, CLEAN REVERSAL | OKTA | Sourced August 26 earnings beat drove the sharpest reversal in this scan |
| 🔍 WATCH — EXTENDED, CATALYST AGING | TEAM | Original beat confirmed, but three weeks old with nothing fresh in the news pull |
| ⚠️ VERIFY — UNCONFIRMED PRINT | ESTC | Scheduled Aug 27 earnings date remains unconfirmed despite the continued push |
| 🔒 HOLD — DEEP PULLBACK, TREND INTACT | AAPL, DDOG, CRWD, MRVL, ASML, MDB, INTC, AMD, NET, ANET, TSM, ARM, CRDO | Cooled or reversed on the short window while remaining well above their 200-days with strongly positive one-year returns |
| 🔍 WATCH — TURNING POSITIVE ON THE YEAR | MSFT, VEEV | One-year returns flipped positive this cycle for the first time |
| ⚠️ CAUTION — BOUNCE INSIDE A BROKEN TREND | SMCI, HUBS, WDAY | Recent strength sits on top of a negative one-year return |
| 🔍 WATCH | PANW, ZS, MDB, PLTR, ASAN, DDOG, CRSP, ADBE, GOOGL, AMZN, TSLA, BE, IONQ, QCOM, CEG | Steady, extending, or damaged-but-intact-thesis names needing confirmation |
| ❌ AVOID — BROKEN THESIS | INTU | A confirmed earnings beat did not clear the flag |
What To Watch Next
| Watch | Why it matters |
|---|---|
| Whether TEAM's extension finally cools or a fresh catalyst surfaces | Now within 2.3% of its 52-week high with the confirmed catalyst three weeks stale |
| Whether ESTC's scheduled earnings print gets confirmed in the event record | Currently `overdue-unconfirmed` despite the continued push into `parabolic` |
| Whether SMCI's one-year return turns positive or the bounce fades | Currently the clearest bounce-inside-a-broken-trend case in this universe |
| Whether OKTA's reversal holds through a cooldown | Snapped back hard this cycle on a confirmed beat; a second confirming cycle would settle the pattern |
| Whether HUBS's 200-day gap closes fully | Narrowed to -1.3% from -10.6%; a flip would be a genuine structural change |
| Whether MRVL's scheduled earnings print gets confirmed | Currently unconfirmed despite active market commentary this week |
| INTU's broken-thesis flag | A confirmed earnings beat did not lift it — watch the next fundamentals refresh |
Sources
- Tape data (price/RSI/SMA/returns/1-year change/1-year alpha/vs 200-day): full-scan pre-computed summaries as of the 2026-08-28 close — tech-insider-buys.
- OKTA earnings: 2026-08-26-okta-earnings (confirmed beat, EPS $1.05 vs. $0.96 consensus).
- TEAM earnings: 2026-08-06-team-earnings (confirmed beat, EPS $1.87 vs. $1.50); TEAM news pull latest (fetched 2026-08-27, ok, not stale, nothing new since the print).
- ESTC earnings: 2026-08-27-estc-earnings (scheduled date passed, print unconfirmed).
- NVDA/MRVL earnings-week context: 2026-08-26-nvda-earnings (confirmed), 2026-08-27-mrvl-earnings (unconfirmed).
Related
9 eventsNo direct external sources are attached to this read.