Healthcare Scan
Healthcare Scan
The cohort's twelve-name uptrend core finally broke — after three straight scans unchanged, this scan leaves only nine names clearing the long-trend test, as $AMGN and $UNH both crashed on the RSI while their trend numbers stayed mixed. $SYK deepened its breakdown for a second straight scan (RSI 34.1 to 27.8, now down 29.1% on the year) and $HROW reversed its prior improvement outright (RSI 46.4 to 33.2, year-over-year return back to -12.6% after briefly flipping positive). $AMGN's 13.7-point weekly decline has no established cause in this scan's checked sources. $ZTS remains the cut's deepest structural breakdown, essentially unchanged.
Data as-of the 2026-09-11 close (Friday's settled session) — every name in this cut carries a fresh bar this scan.
Source: healthcare.json (the broader universe, not the narrower healthcare-scan.json cut — consistent with the prior scan). Prior scan: 2026-09-04-healthcare-scan.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟡 The broadly-healthy read cracked this scan — the prior three-scan-stable uptrend core shrank as several names crashed on the RSI, though most keep a positive year-over-year return |
| Leaders | $MRNA (RSI 61.2, the cut's highest print, still up 467.0% on the year); $VEEV (56.9, cooled but still a weak long trend underneath) |
| Laggards | $SYK (27.8, deepened for a second straight scan, now -29.1% 1Y); $AMGN (31.5, crashed from a healthy read with no established cause); $HROW (33.2, reversed its prior improvement) |
| Key insight | $AMGN fell 13.7% this week with no cause established in checked news or events — a significant crack in a name that cleared the long-trend test cleanly last scan and still does (still +33.5% 1Y, +5.0% vs its 200-day) |
What's Going On
$SYK is this scan's deepest breakdown, extending a second straight scan of deterioration: RSI fell from 34.1 to 27.8 on a 9.1% weekly decline, with its year-over-year return worsening further to -29.1% (from -23.1%) and its price now 18.2% below its 200-day. News for $SYK was pulled fresh on 2026-09-11 and returned only routine investor-relations and earnings-recap coverage — nothing that explains this week's continued slide — and no matching stock-event was found. This is a genuine, deepening breakdown with no established driver.
$AMGN is the scan's most consequential single-name move: RSI collapsed from 62.5 to 31.5, a 31-point drop, on a 13.7% weekly decline. Its long-trend numbers haven't broken, though — still up 33.5% over the year and 5.0% above its 200-day with a positive alpha of 17.3 — so this reads as a sharp pullback inside an otherwise intact trend rather than a breakdown. News pulled 2026-09-09 showed only routine quote-page and earnings-recap coverage, and no matching stock-event was found for this window; the cause of this week's decline is not established in this scan's sources.
$HROW reversed the improvement flagged last scan: its year-over-year return, which had flipped positive to +6.5% last scan, is back negative at -12.6%, and its RSI fell from 46.4 to 33.2 on a 5.7% single-day decline. Combined with a price still 16.4% below its 200-day, this looks like the "recovering, still below the 200-day" read from last scan reverting to a genuine breakdown rather than confirming a turn.
$UNH also cooled sharply (RSI 46.8 to 35.5) on a 4.5% weekly decline, though its long-trend numbers held (+7.2% 1Y, +7.4% vs its 200-day) — a deep pullback, not a breakdown, but a notable crack in a name that had been "firming" last scan. $ABT continued its multi-scan decline: RSI fell further to 33.6 (from 47.3), with its year-over-year return worsening again to -23.1% (from -18.4%) — the same "RSI still falling, trend still deteriorating" pattern flagged last scan, now in its third consecutive scan.
$ZTS remains essentially unchanged at the cut's clearest structural breakdown: down 51.6% over the past year, 28.6% below its 200-day, alpha of -67.8. $ISRG holds at a similar level to last scan (-19.0% 1Y, -19.7% vs its 200-day). The names still clearing the long-trend test cleanly this scan are $LLY, $JNJ, $GH, $GILD, $VRTX, $XLV, $MRK, $BIIB, $TMO — nine names, down from twelve, as $DXCM, $PFE, and $AMGN all now show enough RSI or trend deterioration to move out of the "unambiguously clean" bucket this scan even where $AMGN and $DXCM still technically pass the 1-year/200-day check.
What Changed Since Prior Scan (2026-09-04)
- $SYK deepened its breakdown for a second straight scan. RSI 34.1 → 27.8 (-6.3), price down 9.1% for the week — year-over-year return worsened to -29.1% (from -23.1%). Fresh news pulled 2026-09-11, no cause found; no matching stock-event.
- $AMGN crashed from a clean long-trend read. RSI 62.5 → 31.5 (-31.0), price down 13.7% for the week — still +33.5% 1Y and +5.0% vs its 200-day, so a pullback rather than a breakdown. No cause established in checked news/events.
- $HROW reversed its prior improvement. RSI 46.4 → 33.2 (-13.2), year-over-year return flipped back negative (-12.6%, from +6.5% last scan) — the "recovering" read from last scan did not hold.
- $UNH cooled sharply. RSI 46.8 → 35.5 (-11.3), still +7.2% 1Y and above its 200-day — a deep pullback, not yet a breakdown.
- $ABT continued deteriorating for a third straight scan. RSI 47.3 → 33.6 (-13.7), year-over-year return worsened again to -23.1% (from -18.4%).
- The uptrend core shrank from twelve names to nine. $DXCM and $PFE both show new cracks this scan even though they still pass the 1-year/200-day test on paper.
- $ZTS remains essentially unchanged at the cut's deepest breakdown — -50.5% → -51.6% on the year.
- $ISRG holds roughly steady — -19.3% → -19.0% on the year, -20.9% → -19.7% vs its 200-day.
- No stale bars this scan — every name carries a fresh 2026-09-11 close.
- Universe unchanged. Same 22 tickers as the prior scan.
How To Read The Board
RSI measures how stretched a stock is over the past 14 sessions — under 30 signals oversold, over 70 signals overbought/extended. vs SMA20 is the price gap to the 20-day average. 1Y% and vs SMA200 are the two numbers that separate a genuine breakdown from a pullback: $AMGN and $UNH both crashed on the RSI this scan but remain above their 200-day with positive years — deep pullbacks, not breakdowns. $SYK, $ZTS, $ISRG, $ABT, and $HROW are below their 200-day with a negative year, and the long-trend numbers on most of them got worse this scan even where the RSI didn't fully collapse — genuine deterioration. $VEEV is the trickiest name again: barely positive on the year with a negative alpha despite clearing its 200-day by a wide margin — don't let a mid-range RSI read as the trend catching up.
Price Table
| Stock | Price | RSI | SMA20 | vs SMA20 | 7D% | 30D% | 1Y% | vs SMA200 | Signal |
|---|---|---|---|---|---|---|---|---|---|
| SYK | $275.56 | 27.8 | $315.11 | -12.6% | -9.1% | -20.6% | -29.1% | -18.2% | 🔴 Deepening breakdown, 2nd straight scan |
| AMGN | $377.35 | 31.5 | $425.38 | -11.3% | -13.7% | -9.3% | +33.5% | +5.0% | 🟡 Crashed on RSI, no cause found, still intact |
| HROW | $34.48 | 33.2 | $38.81 | -11.2% | -10.5% | -12.4% | -12.6% | -16.4% | 🔴 Reversed prior improvement |
| ABT | $101.95 | 33.6 | $110.67 | -7.9% | -5.9% | -8.1% | -23.1% | -3.7% | 🔴 Deteriorating, 3rd straight scan |
| LLY | $1,115.70 | 35.4 | $1,183.12 | -5.7% | -2.9% | -8.6% | +47.5% | +4.8% | 🟢 Deep pullback, intact |
| UNH | $379.09 | 35.5 | $394.20 | -3.8% | -4.5% | -6.5% | +7.2% | +7.4% | 🟡 Cooled sharply, still intact |
| DXCM | $83.03 | 40.4 | $88.71 | -6.4% | -5.5% | -8.6% | +9.3% | +16.3% | 🟡 Pullback, intact |
| XLV | $165.36 | 41.0 | $170.89 | -3.2% | -3.6% | -1.8% | +18.4% | +6.2% | 🟢 Healthy (sector ETF) |
| ZTS | $72.97 | 41.1 | $75.49 | -3.3% | -3.8% | -0.8% | -51.6% | -28.6% | 🔴 Breakdown, worst in cut |
| CVS | $94.66 | 43.1 | $94.89 | -0.2% | -2.2% | -0.1% | +26.8% | +8.9% | 🟢 Pullback, intact |
| VRTX | $515.44 | 44.0 | $537.99 | -4.2% | -5.6% | -2.0% | +29.7% | +10.1% | 🟢 Pullback, intact |
| GH | $157.38 | 45.6 | $162.95 | -3.4% | -2.5% | -4.7% | +177.1% | +32.7% | 🟢 Healthy |
| ISRGE | $369.15 | 48.1 | $373.50 | -1.2% | +0.7% | -8.0% | -19.0% | -19.7% | 🔴 Breakdown, unchanged |
| JNJ | $265.58 | 48.5 | $269.44 | -1.4% | -3.5% | +1.8% | +48.8% | +12.0% | 🟢 Healthy |
| MRK | $143.93 | 50.4 | $147.77 | -2.6% | -4.3% | +8.3% | +69.0% | +20.5% | 🟢 Healthy |
| GILD | $143.72 | 50.5 | $146.25 | -1.7% | -4.8% | +5.8% | +21.9% | +6.7% | 🟢 Healthy |
| MDT | $90.96 | 51.6 | $92.00 | -1.1% | -3.4% | +0.2% | -3.5% | +1.6% | 🔴 Flat 1Y, weak alpha |
| PFE | $27.72 | 52.9 | $28.00 | -1.0% | -2.6% | +5.4% | +11.5% | +5.7% | 🟡 Pullback, intact |
| BIIB | $217.15 | 53.2 | $217.03 | +0.1% | -1.7% | +4.0% | +45.9% | +13.1% | 🟢 Healthy |
| TMO | $609.82 | 54.8 | $612.84 | -0.5% | -0.7% | +1.1% | +24.1% | +13.6% | 🟢 Healthy |
| VEEV | $262.40 | 56.9 | $261.37 | +0.4% | -4.6% | +8.7% | -6.1% | +32.2% | 🔴 Weak 1Y despite RSI |
| MRNA | $143.97 | 61.2 | $133.40 | +7.9% | -1.1% | +126.1% | +467.0% | +152.0% | 🟠 Extreme move, high-variance |
Tier Analysis
Extreme Oversold (RSI < 25)
None.
Oversold (RSI 25-40)
$SYK (27.8), $AMGN (31.5), $HROW (33.2), $ABT (33.6), $LLY (35.4), $UNH (35.5) — six names, up from one last scan. $LLY and $UNH are the exceptions: both still clear the long-trend test (positive 1Y, above 200-day), a sharp pullback rather than a breakdown. $SYK, $AMGN (trend intact despite the crash), $HROW, and $ABT split the rest — $AMGN alone among the sub-40 group still passes the 1-year/200-day check cleanly.
RSI 40+ (everyone else)
- Genuine breakdown, deteriorating (below or barely above 200-day, negative 1-year): $ISRG, $ZTS — $ZTS is the deepest of the group by a wide margin, essentially unchanged from the prior scan.
- Flat 1-year despite mid-range RSI: $MDT — technically above its 200-day but flat on the year with weak alpha.
- Overbought-adjacent but long-trend weak: $VEEV — still barely negative on the year with negative alpha despite clearing its 200-day comfortably.
- Extreme, high-variance move: $MRNA — up 467.0% over the year, a distinct situation from the rest of the cut.
- Genuinely healthy uptrend: $XLV, $CVS, $VRTX, $GH, $JNJ, $MRK, $GILD, $BIIB, $TMO — nine names, above their 200-day with a strongly positive year.
- Deep pullback, intact but newly cracked: $DXCM, $PFE — still pass the 1-year/200-day test but showed fresh weakness this scan.
Entry Zones
| Stock | Price | Zone | RSI | 1Y% | Setup |
|---|---|---|---|---|---|
| AMGN | $377.35 | Watch $425.38 (its 20-day) | 31.5 | +33.5% | Sharp oversold crash with the long trend still intact and no established cause — confirm a floor before treating as a clean dip |
| UNH | $379.09 | <$363.08 (a prior support level) | 35.5 | +7.2% | Cooled hard this scan but still above its 200-day with a positive year |
| GILD | $143.72 | <$135.93 (a prior support level) | 50.5 | +21.9% | Not extended despite mid-range RSI; healthy long trend |
| SYK | $275.56 | No support shelf identified | 27.8 | -29.1% | Deepening breakdown for a second straight scan with no confirmed floor and no cause found |
| ZTS | $72.97 | No support shelf identified | 41.1 | -51.6% | The cut's clearest breakdown by a wide margin — no confirmed floor, avoid treating the mid-range RSI as a buy signal |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 🔒 HOLD | XLV, CVS, VRTX, GH, JNJ, MRK, GILD, BIIB, TMO | Above the 200-day with a strongly positive year-over-year return — the cleanest reads left in the cut |
| 📈 ACCUMULATE | LLY, UNH, DXCM, PFE | Deep pullback this scan but still pass the long-trend test on the 1-year/200-day check |
| 🔍 WATCH | AMGN | Crashed hard this scan with no established cause but the long-trend numbers still pass — confirm the driver and a floor before acting |
| ⚠️ AVOID / DON'T CHASE | VEEV, MRK, PFE, MRNA | $VEEV is still the weak-underlying name despite the technical picture; $MRK/$PFE are extended-but-healthy; $MRNA is an extreme, high-variance single-name move |
| ❌ AVOID / BREAKDOWN WATCH | SYK, ISRG, ABT, ZTS, HROW, MDT | Below (or barely above) the 200-day with a negative year-over-year return that got worse, not better, this scan — genuine long-trend breakdowns, $ZTS by the widest margin |
What To Watch Next
- $AMGN's 31-point RSI collapse has no established cause in checked news or stock-events — does a driver surface, or does this stay an unexplained sharp pullback inside an otherwise intact trend?
- $SYK deepened for a second straight scan with no cause found in fresh (2026-09-11) news — does it stabilize, or does this become the next multi-scan relapse pattern like $ISRG's?
- $HROW's brief improvement last scan fully reversed this scan — was last scan's positive read a false signal, or is this a normal two-way test before a real recovery?
- The uptrend core shrank from twelve names to nine this scan — is this a one-week reset across the cohort, or the start of a broader healthcare pullback?
Sources
- Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-09-11 close — healthcare.
- News check for $SYK: latest (fetched 2026-09-11, ok, routine coverage only) and
research/stock-events/(no matching event found). - News check for $AMGN: latest (fetched 2026-09-09, ok, routine coverage only) and
research/stock-events/(2026-08-04 and 2026-11-03 earnings entries, none matching this week's window). - Prior scan for comparison: 2026-09-04-healthcare-scan.
Related
10 eventsNo direct external sources are attached to this read.