This is the strongest-looking book in this batch on paper — nine of ten names gained RSI this cycle, DE and MOO both flipped into breakout regimes, and most of the group carries a strongly positive trailing year and alpha. But two of the biggest movers, FMC and MOS, are rallying hard this week (+11.5 and +11.7 RSI points) on top of a genuinely broken trailing-year chart — FMC is down 65% over 12 months with an alpha of -83.87, MOS is down 21% with an alpha of -39.41. That's a bounce inside a broken trend, the opposite pattern from the pullback-inside-an-intact-trend read that fits the rest of this book.

Data as-of the 2026-09-04 close for all 10 names. Comparison baseline is the August 28 scan.

Nine of ten names in this book gained RSI ground this cycle, and the moves were sizable: DE +13.4 points (54.9 → 68.3, flipping into a breakout regime), MOS +11.7, FMC +11.5, NTR +8.2 (also flipping into a breakout-adjacent uptrend regime), ADM +6.3. MOO joined DE in a breakout regime this cycle. Volume across the group was ordinary rather than exceptional — NTR 1.01x, MOO 1.09x, DE 0.78x, MOS 1.11x, ADM 0.66x average — so this reads as a genuine group strengthening on the fundamentals rather than a volume-driven spike, even without conviction-level participation behind it.

Six of the ten names — NTR, DE, CTVA, CF, ADM, BG — are unambiguously strong on every horizon: all six sit above their 200-day, all six carry double-digit-to-high-double-digit trailing-year returns (NTR +39.47%, DE +46.04%, CTVA +20.94%, CF +58.41%, ADM +36.6%, BG +46.32%), and all six carry a positive alpha1y. CF's and NTR's thesis are both rated intact by the desk.

FMC and MOS are the names that need the opposite read from the rest of the book. Both posted the two biggest RSI gains this cycle, but both remain deeply negative on the trailing year: FMC is down 65.22% over 12 months with an alpha1y of -83.87 and sits 3.9% below its 200-day; MOS is down 20.75% over 12 months with an alpha1y of -39.41, though it remains 5.4% above its 200-day. Neither name is pre-revenue or speculative — both are established agricultural chemical and fertilizer producers — so this isn't a business-quality veto, but the horizon math is unambiguous: this week's strength sits on top of a trend that's still broken at the 12-month level, the mirror image of the "violent pullback inside an intact uptrend" pattern that fits the rest of this book.

DBA is the one name that cooled this cycle — RSI 72.8 → 58.7, the largest decline in the group — though its regime relabeled from breakout to a still-positive uptrend rather than anything weaker. Its alpha1y is mildly negative (-12.74) despite a positive 1-year return (+5.91%), a milder version of the underperformance pattern seen more sharply in FMC and MOS.

• DE: RSI 54.9 → 68.3 (+13.4), the largest gain in the book; regime relabeled uptrend → breakout.
• MOS: RSI 55.4 → 67.1 (+11.7); regime relabeled downtrend → pullback, though the trailing year remains negative.
• FMC: RSI 56.3 → 67.8 (+11.5); regime held downtrend despite the RSI surge — the trailing year remains the weakest in the book.
• NTR: RSI 62.9 → 71.1 (+8.2); regime relabeled pullback → uptrend; thesis rated intact.
• ADM: RSI 53.7 → 60.0 (+6.3).
• CTVA: RSI 59.8 → 64.3 (+4.5); MOO: RSI 65.3 → 70.1 (+4.8), regime relabeled basing → breakout.
• CF: RSI 57.0 → 60.6 (+3.6); thesis rated intact.
• BG: RSI 54.7 → 56.6 (+1.9); regime relabeled pullback → uptrend.
• DBA: RSI 72.8 → 58.7 (-14.1), the only decliner; regime relabeled breakout → uptrend.

Read this book in two groups. The first — NTR, DE, CTVA, CF, ADM, BG — is strong on every timeframe: this cycle's rally, the trailing month, and the trailing year all agree. The second — FMC and MOS — is showing this cycle's largest RSI gains on top of a trailing year that's still deeply negative; that combination calls for the opposite caution from a name below its 200-day in an otherwise intact trend. A strong week does not repair a broken year, and neither FMC nor MOS should be read as having turned the corner on this cycle's data alone. DBA's cooldown is the mildest story in the book — still an uptrend, just off its recent breakout pace.

Tier A — RSI 65+, breakout/uptrend (5): NTR, MOO, DE, FMC (real breakdown despite the reading), MOS (real breakdown despite the reading).

Tier B — Mid-book, RSI 55-65 (5): CTVA, CF (thesis intact), ADM, DBA (alpha1y mildly negative), BG.

• Tape data (price/RSI/SMA/returns/1-year, SMA200, volume): full-scan pre-computed summaries as of the 2026-09-04 close — food-security.