Healthcare Scan

Scan

Healthcare Scan

raw scan snapshot — prices as of scan date, not live 36 rows · screens, not recommendations prior scanresearch/scans/2026-09-04-healthcare-scan.md

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.
10 events

No direct external sources are attached to this read.