Twelve of the 19 names in this book gained RSI over the three trading sessions since the last scan, and Teledyne posted the single largest gain the desk has recorded here — up 13.9 RSI points and crossing back above its 200-day average for the first time in this book's recent record. But today itself was soft: six names closed green, eleven red, and AeroVironment gave back the bounce that made it last scan's leader. The horizon check barely moved: 13 of 18 names with trailing-year data still carry negative alpha, unchanged from the last two scans, and the same five names — Elbit Systems, Unusual Machines, Planet Labs, nLIGHT, RTX — remain the only ones positive on it.

Numbers are the settled September 23 close for all 19 names, three trading sessions after the September 18 scan. AVEX still carries no 200-day or trailing-year comparison (too-young regime). No market-wide brief for today's session exists in the corpus as of this scan. Comparison baseline is the September 18 scan.

Teledyne is the real mover in this book. Its RSI jumped from 38.2 to 52.1 — the largest gain here — and it crossed back above its 200-day average by a fraction of a percent, joining Unusual Machines and Motorola Solutions as the only names above that line. A September 22 MarketBeat item flagged the stock for a decline on valuation concerns the same day the tape shows it green and up sharply on the week, so that specific item does not reconcile with the price action and is not treated as an explanation here; no other dated cause is on file for the move.

AeroVironment cooled off after leading the last scan. It gained 9.02% into that scan and has since gone essentially flat — down 0.33% over the trailing week — while its RSI slipped from 53.7 to 49.8. The stock remains 24 percentage points below its 200-day with a trailing-year alpha of -63.55, worse than the -58.58 in the last scan. The bounce did not repair the chart.

Unusual Machines is the day's odd fact: it fell 5.58% today, the largest single-day decline in the book, despite being one of only two names (with Motorola Solutions and now Teledyne, three total) sitting above its 200-day with strongly positive alpha (+46.3). Its news pull completed September 22 and returns only stock-quote aggregator pages with no dated driver for today's move — a real decline with no confirmed cause.

Red Cat has not stabilized. Its RSI ticked from 31.1 to 31.3, essentially unchanged, while the week continued lower at -7.18% and the month at -26.2%. Nothing on file explains the continued slide; the news pull returns only archive and filing-aggregator content with no item dated to this week.

• TDY: RSI 38.2 → 52.1 (+13.9), the largest gain in the book, and its 200-day position flipped from -0.1% (fractionally below, described as "basing" last scan) to +0.1% (above) — a reclaim.
• KLIC-adjacent gains carried through the book broadly: AVEX (+2.9), LASR (+3.3), ITA (+3.4), AMPX (+3.4), PL (+2.7), MSI (+2.2), TDY (+13.9), AXON (+1.5), RCAT (+0.2), RTX (+0.3), KRKNF (+1.0), ONDS (+1.4) all gained.
• NOC: RSI 44.4 → 38.9 (-5.5), the largest decline; DPRO 56.9 → 51.1 (-5.8), an even larger decline in absolute terms; AVAV 53.7 → 49.8 (-3.9); LMT 42.4 → 39.4 (-3.0); ESLT 51.6 → 50.7 (-0.9); UMAC 47.5 → 46.0 (-1.5); KTOS 37.7 → 35.8 (-1.9).
• Above-200-day group grew from two names to three: Unusual Machines (+24.7%) and Motorola Solutions (+7.5%) held, and Teledyne (+0.1%) joined.
• The positive-alpha group is unchanged for a third consecutive scan: Elbit Systems (+33.01), Unusual Machines (+46.3), Planet Labs (+20.16), nLIGHT (+17.84), and RTX (+3.94) are still the only five.
• The negative-alpha count held at 13 of 18 — the pattern flagged two scans ago (RSI repair without alpha repair) has not broken.

The three-session drift and today's single session point in different directions, and the drift is the better evidence: 12 of 19 names gained RSI, and Teledyne's reclaim of its 200-day is the first structural improvement in this book in several scans. But today's 11-of-19 red session, on no confirmed news, is a reminder that this book still does not move with the broader tape's better days — it gave back part of the gain rather than confirming it.

The horizon check remains the more durable read and it has not moved. Thirteen of 18 names with trailing-year data are negative on alpha, the same count as the last two scans, and the same five names — Elbit Systems, Unusual Machines, Planet Labs, nLIGHT, RTX — are the only ones that pass. Motorola Solutions and now Teledyne both sit above their 200-day with negative alpha behind them — the pattern the desk has flagged before, a chart that looks fine while the trailing year does not.

Planet Labs is still the name where the horizon math and the desk's own broken rating disagree. It carries alpha of +20.16 and a positive trailing year, yet the desk rates its thesis broken and it sits well below its 200-day. Treat the positive alpha as history rather than reassurance, same as the last two scans.

Capitulation (RSI below 25): none.

Oversold (RSI 25-40) — 9 names: ITA (29.5), RTX (31.0), RCAT (31.3), PL (32.5), KRKNF (33.0), KTOS (35.8), AXON (37.0), NOC (38.9), LMT (39.4). Only RTX (+3.94) and PL (+20.16) carry positive trailing-year alpha in this group; the rest are damage, not discount.

Neutral to strong (RSI 40+) — 10 names: TDY (52.1), DPRO (51.1), ESLT (50.7), AVAV (49.8), AMPX (46.7), UMAC (46.0), AVEX (45.7, too-young), ONDS (44.3), LASR (42.0), MSI (47.0). Of these, only ESLT, UMAC, and LASR carry positive alpha.

• Does Teledyne's 200-day reclaim hold on a non-rally session, or was this a brief crossing?
• What drove Unusual Machines' -5.58% today, with no dated cause on file?
• Can the negative-alpha count fall below 13 of 18 before the October 20 prime cluster reports?

• Tape data (price, RSI, moving averages, returns, trailing-year, alpha, 200-day position): pre-computed summaries as of the 2026-09-23 close — drone-defense.
• Teledyne news receipt (pull completed 2026-09-22; item does not match the tape's direction): latest.
• Unusual Machines news receipt (pull completed 2026-09-22, quote-aggregator content only): latest.
• Prior scan for comparison: 2026-09-18-drone-defense.