AI Scan
AI Scan
The overbought band shrank from five names to three this week — Arm, Intel and Zscaler all cooled back under RSI 70, Meta held on at a lower reading with its trailing year turning positive for the first time in this stretch, and Tempus AI posted the board's largest single-week RSI gain to join the group. Meta's move has a real dated catalyst behind it: CEO Mark Zuckerberg debuted $1,299 VR glasses and a Muse Charm AI device on September 24 (CNBC), part of what Bloomberg (September 24) called Meta's "best month since 2013" on the way toward a $2 trillion valuation. Zscaler gave back the largest share of any name's recent gain, reversing 16.9 RSI points out of overbought with no sourced cause found. Telecom's two-week unexplained slide broke this week — Verizon, AT&T and SK Telecom all firmed — while BCE alone fell into capitulation. All 70 names carry a settled Friday 2026-09-25 close.
LONG-HORIZON READ: a name whose short-window trend flag reads "down" but sits ABOVE its 200-day with a positive 1-year change is a deep pullback in an intact trend, never a breakdown. Only price below the 200-day paired with a weak or negative year is real structural damage — that distinction is called out explicitly below wherever a trend flag might otherwise mislead.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟢 A genuine cool-off week for last cycle's overbought cluster, with Meta's continued strength now backed by an actual product launch, set against a fresh capitulation print in AI power (NextEra) and a new one in telecom (BCE) |
| Biggest single move | ZS — reversed 16.9 RSI points out of overbought (70.5→53.6), price down, its 200-day cushion cut from +27.8% to +15.3% and its year deepening to -32.66%. No dated cause was found in its news receipt |
| Real catalyst on file | META — Zuckerberg debuted the Muse Charm AI device September 24 (CNBC); Bloomberg (September 24) separately reported Meta's "best month since 2013" on the way to a $2 trillion valuation. Its trailing year turned positive (-1.50%→+0.37%) for the first time this stretch |
| Sharpest declines | NextEra Energy remained the board's deepest capitulation print (RSI 22.8) and BCE joined it for the first time (27.7→22.1), its year deepening to -9.02% — still no substantive sourced cause behind BCE's move, only a generic "why did the stock drop" index item with no specific reason given |
| Improving, not breaking | IONQ reclaimed its 200-day this week (cushion -2.7%→+4.2%, RSI 57.2→63.3), resolving last cycle's "closest to reclaiming" flag; the whole quantum/speculative cohort improved together |
| Data caveat | Every ticker carries a fresh 2026-09-25 close. TAC's news pull remains FAILED since April (confirmed again this cycle, HTTP 429 on the search provider); DDOG's receipt (fetched Sept 11) and STX's (fetched Jul 31) are too old to speak to this week's moves — those names are marked "news not pulled for this move," not "no news" |
What's Going On
Last cycle's headline was five names crossing above RSI 70 for the first time this stretch; this week three of those five cooled back under it. Arm gave back much of its unexplained 36% spike — RSI 71.1→61.2, price $332.56→$310.32, its 200-day cushion cut from +58.2% to +46.5% and its year down to +120.63% from +135.87% — with still no dated item in its news receipt or in research/stock-events/ explaining either the original move or this pullback. Intel cooled similarly (70.3→66.9) without a fresh catalyst of its own this week, continuing rather than restarting last cycle's CPU-rally move. Zscaler's reversal was the sharpest on the board: RSI fell 16.9 points (70.5→53.6), its cushion nearly halved to +15.3%, and its year deepened to -32.66% — a real giveback of the re-rate flagged over the past several cycles, with no sourced cause found either.
Meta is the name whose continued strength now has an actual receipt behind it. CNBC (September 24) reported Zuckerberg debuting $1,299 VR glasses and a Muse Charm AI device, aimed at reaching the consumer AI-hardware market ahead of OpenAI; Bloomberg (September 24) separately described Meta's "best month since 2013" as putting it on the cusp of a $2 trillion valuation. Meta's RSI cooled slightly from last cycle's board-high 77.0 to 71.3, but its trailing year crossed into positive territory for the first time this stretch (-1.50%→+0.37%), and its 200-day cushion widened further to +20.0%. Microsoft's year turned positive the same week (-1.70%→+1.80%), with its RSI firming to 63.2 — no specific dated catalyst was found for Microsoft's move, but the direction lines up with the same hyperscaler strength. Tempus AI posted the board's largest single-week RSI gain, 65.3→72.5, newly crossing above 70; its own news receipt carries nothing dated inside this window (last item September 17, predating this cycle), so the move itself is unexplained even as its cushion widened to +51.1%.
The cybersecurity complex broadly cooled after several strong cycles — CrowdStrike (68.9→62.1), Palo Alto Networks (62.7→54.4) and Fortinet (64.6→57.6) all gave back RSI points alongside Zscaler's sharper reversal — even as the sector-level cybersecurity fund on the broader market dashboard extended its own advance the same week, a within-cohort divergence worth flagging rather than resolving. Datadog kept climbing (60.0→67.0) with no sourced cause, while MongoDB cooled (59.4→53.7) after last cycle's matching gain. Two names flagged last cycle as the board's thinnest positive 200-day cushions both crossed below this week: Digital Realty (+0.6%→-1.1%) and UiPath (+1.3%→-2.7%), the latter now on its fifth-plus straight losing week. Alphabet's cushion, which sat at exactly 0% last cycle, resolved the other direction, climbing to +1.7% with its year up to +39.92%.
AI power and telecom produced this cycle's clearest damage and clearest repair, in that order. NextEra Energy stayed the group's deepest capitulation print (RSI 22.8, still the AI-power group's one name with a positive trailing year at +1.92%), and Constellation Energy's stabilization continued — its RSI held exactly flat at 43.8 while its trailing year improved to -19.32% from -21.62%. Telecom, flagged for two straight cycles as an unexplained decline, broke that pattern this week: Verizon firmed (34.6→39.7, year still positive at +8.60%), AT&T ticked up (49.3→50.3) and SK Telecom improved (45.4→48.3) — but BCE moved the opposite direction, falling into capitulation for the first time (27.7→22.1) with no substantive cause on file beyond a generic MarketBeat item that names no specific reason for the decline. Micron's earnings print, still the largest scheduled event ahead of this board, drew fresh pre-print coverage this week: MarketWatch described the stock as a "battleground" over the durability of memory-chip demand (September 23) and separately flagged three things investors should watch when the company reports (September 24) — context, not a move explanation, since Micron's own RSI (63.2) barely moved.
The quantum and speculative-AI cohort improved together for a second straight week, and IonQ crossed a real threshold: its 200-day cushion flipped from -2.7% to +4.2%, resolving last cycle's "closest to reclaiming its 200-day" flag in the affirmative, with its RSI up to 63.3 and its year improving to -34.50%. Rigetti, D-Wave and BigBear.ai all improved on RSI and year without crossing their own 200-day lines; SoundHound ticked up modestly. Coherent fell 6.78% over the week following its September 22 fourth-quarter and full-year fiscal 2026 results, with no further reaction item on file explaining the decline beyond the report itself.
What Changed Since the 2026-09-23 Scan
- The overbought band shrank from five names to three: ARM (71.1→61.2), INTC (70.3→66.9) and ZS (70.5→53.6) all fell back under RSI 70; META held on at a lower reading (77.0→71.3); TEM newly crossed above it (65.3→72.5), the board's largest single-week RSI gain.
- META's trailing year turned positive for the first time this stretch: -1.50%→+0.37%, on a real catalyst — Zuckerberg's Muse Charm AI device debut (CNBC, September 24) and Bloomberg's "best month since 2013" framing (September 24) putting Meta on the cusp of a $2 trillion valuation.
- ZS posted the board's sharpest reversal: RSI -16.9 (70.5→53.6), 200-day cushion cut nearly in half (+27.8%→+15.3%), year deepened to -32.66% — no sourced cause found.
- ARM gave back much of last cycle's unexplained 36% spike: RSI -9.9 (71.1→61.2), price $332.56→$310.32, cushion 58.2%→46.5%, year 135.87%→120.63% — still no dated catalyst on file for either move.
- MSFT's trailing year turned positive: -1.70%→+1.80%, RSI firming to 63.2 — no specific dated catalyst found, but direction consistent with the broader hyperscaler strength this cycle.
- GOOGL's 200-day cushion, flagged last cycle at exactly 0%, resolved upward: 0.0%→+1.7%, year up to +39.92%.
- DLR and PATH, last cycle's thinnest positive cushions, both crossed below their 200-day: DLR +0.6%→-1.1%; PATH +1.3%→-2.7%, now on its fifth-plus straight losing week.
- Telecom's two-cycle unexplained decline broke: VZ +5.1 RSI (34.6→39.7, year still positive at +8.60%), T +1.0 (49.3→50.3), SKM +2.9 (45.4→48.3) — but BCE moved the opposite way.
- BCE fell into capitulation for the first time: RSI 27.7→22.1, year deepened to -9.02%, cushion to -12.1%; its news receipt carries only a generic "why did the stock drop" item naming no specific reason.
- IONQ reclaimed its 200-day: cushion -2.7%→+4.2%, RSI 57.2→63.3, year improved to -34.50% — resolves last cycle's "closest to reclaiming" flag; the rest of the quantum cohort (RGTI, QBTS, BBAI, SOUN) improved alongside it without crossing their own lines.
- CEG's RSI held exactly flat at 43.8 while its trailing year improved to -19.32% from -21.62% — a continuing, modest stabilization.
- The cybersecurity complex broadly cooled: CRWD (68.9→62.1), PANW (62.7→54.4), FTNT (64.6→57.6) all gave back RSI points alongside ZS's sharper reversal.
- COHR fell 6.78% on the week following its September 22 fourth-quarter/full-year fiscal 2026 results, with no further reaction item on file.
- Micron drew fresh pre-print coverage without a tape move of its own: MarketWatch called it a "battleground" stock (September 23) and flagged three things to watch at next week's print (September 24); Micron's own RSI barely moved (63.2).
How To Read The Board
RSI below 25 is capitulation. RSI 25-40 is oversold — check the trend and the long-horizon numbers before treating it as a buy signal, because several names here fell into this band while remaining well above their 200-day. RSI 40-70 is neutral-to-healthy, above 70 is extended. "vs SMA" is distance from the 20-day average, short-term positioning only. "1Y%" and "vs SMA200" are the long-horizon check: a red short-window trend flag paired with price above the 200-day and a positive year is a deep pullback, not a breakdown; the reverse is real structural damage. Where a cause is named below it comes from a dated item in that name's news receipt or a dated capture; where the receipt is stale or failed, the scan says "news not pulled for this move" rather than implying nothing happened.
Price Tables by Group
Semis & Foundry
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| AMD | $630.59 | 73.0 | $528.10 | +19.4% | +12.64% | +31.12% | +291.02% | +72.9% | strong-up | 🔴 Overbought, extended further, no fresh dated cause this week |
| ARM | $310.32 | 61.2 | $268.03 | +15.8% | +12.59% | +23.60% | +120.63% | +46.5% | strong-up | 🟡 Cooled sharply off overbought, giving back last cycle's unexplained spike |
| QCOM | $201.97 | 67.6 | $181.15 | +11.5% | +13.65% | +23.36% | +19.03% | +19.4% | strong-up | 🟠 Extending, near overbought |
| INTC | $123.00 | 66.9 | $104.54 | +17.7% | +13.26% | +39.39% | +261.87% | +55.3% | strong-up | 🟢 Cooled off overbought, historic year intact |
| MRVL | $261.94 | 63.1 | $232.89 | +12.5% | +7.24% | +6.87% | +212.54% | +61.2% | strong-up | 🟢 Firmed, huge year intact |
| SMCI | $43.26 | 63.8 | $38.99 | +10.9% | +10.67% | +15.70% | -6.44% | +36.1% | strong-up | 🟢 Firmed, year still repairing |
| TSM | $450.61 | 62.2 | $430.19 | +4.7% | +3.67% | +7.88% | +62.88% | +17.6% | strong-up | 🟢 Firmed, intact trend |
| NVDA | $225.07 | 55.2 | $221.75 | +1.5% | +1.26% | +7.35% | +26.66% | +12.8% | strong-up | 🟢 Roughly flat, cushion steady |
| ASML | $1,743.94 | 54.6 | $1,686.47 | +3.4% | +3.81% | -0.10% | +83.66% | +14.4% | strong-up | 🟢 Firmed, comfortably above its 200-day |
| AVGO | $352.81 | 43.7 | $358.03 | -1.5% | -1.34% | -0.78% | +4.97% | -4.2% | down | 🔴 Still the group's only sub-200-day name |
Read: The overbought cluster thinned from three names to two — Arm cooled sharply off its peak while AMD extended further, now the board's joint-highest RSI. Broadcom remains the group's one name below its 200-day.
Memory / Storage
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| MU | $1,082.28 | 63.2 | $994.14 | +8.9% | +6.54% | +15.33% | +590.10% | +63.7% | strong-up | 🟢 Deepest cushion on the board, scheduled print still ahead |
| STX | $916.83 | 58.5 | $849.01 | +8.0% | +6.76% | +8.32% | +317.03% | +44.3% | strong-up | 🟢 Firmed, historic year intact |
| WDC | $456.81 | 49.6 | $450.04 | +1.5% | +3.50% | -2.57% | +326.09% | +16.2% | weak-down | 🟡 Cooled, cushion thinning but still deep |
Read: All three continue to hold extraordinary trailing years. Micron drew fresh pre-print commentary this week — MarketWatch called it a "battleground" stock (September 23) over memory-demand durability — without a tape move of its own; the print itself, still the board's largest scheduled event, remains ahead.
Cloud Hyperscalers
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| META | $751.66 | 71.3 | $660.86 | +13.7% | +12.90% | +30.46% | +0.37% | +20.0% | up | 🟠 Overbought, year turned positive on a dated Muse-device catalyst |
| MSFT | $516.17 | 63.2 | $500.04 | +3.2% | +4.53% | +3.99% | +1.80% | +19.5% | strong-up | 🟢 Year turned positive, firming |
| TSLA | $372.11 | 55.3 | $365.68 | +1.8% | +2.15% | +7.60% | -12.11% | -5.9% | weak-up | 🟡 Cooled, still below its 200-day |
| GOOGL | $343.92 | 49.7 | $342.17 | +0.5% | -1.61% | +0.56% | +39.92% | +1.7% | weak-down | 🟢 Cushion resolved back positive |
| AMZN | $249.67 | 44.5 | $254.31 | -1.8% | -1.59% | -4.08% | +14.45% | +3.7% | weak-down | 🟢 Roughly flat, intact trend |
Read: Both Meta and Microsoft crossed their trailing year into positive territory this week, Meta on the back of a dated product launch and Microsoft without a specific sourced cause. Alphabet's cushion resolved the direction the desk was watching for — back into the intact column.
AI Security
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| CRWD | $252.13 | 62.1 | $230.28 | +9.5% | +6.09% | +33.28% | +113.18% | +68.0% | strong-up | 🟢 Cooled off last cycle's high, deepest cushion in the group |
| FTNT | $173.46 | 57.6 | $166.63 | +4.1% | +2.13% | +10.11% | +108.46% | +49.3% | strong-up | 🟢 Cooled, doubled year intact |
| PANW | $374.74 | 54.4 | $360.92 | +3.8% | +3.07% | +10.44% | +85.32% | +52.8% | strong-up | 🟢 Cooled, cushion still deep |
| ZS | $193.05 | 53.6 | $186.94 | +3.3% | -2.16% | +13.35% | -32.66% | +15.3% | strong-up | 🔴 Sharpest reversal on the board, cushion nearly halved |
Read: The whole group cooled together after several strong cycles, Zscaler by far the sharpest — a real giveback of its recent re-rate rather than a broad breakdown, since all four remain above their 200-day.
Data / Software / SaaS
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| DDOG | $268.13 | 67.0 | $231.97 | +15.6% | +16.62% | +17.77% | +96.29% | +47.6% | strong-up | 🟢 Big RSI gain again, no dated cause found |
| PLTR | $189.67 | 63.7 | $178.40 | +6.3% | +6.77% | +6.86% | +5.89% | +24.8% | strong-up | 🟡 Cooled slightly off its highest close of the year |
| NET | $349.02 | 62.2 | $317.37 | +10.0% | +7.86% | +22.51% | +59.95% | +50.7% | strong-up | 🟢 Cooled slightly, cushion still deep |
| ANET | $206.55 | 60.2 | $196.58 | +5.1% | +3.59% | +2.13% | +44.38% | +31.5% | strong-up | 🟢 Firmed, strong year |
| SNOW | $335.94 | 55.0 | $332.12 | +1.2% | +1.06% | +6.52% | +51.60% | +49.3% | strong-up | 🟢 Steady, deep cushion |
| MDB | $410.44 | 53.7 | $396.09 | +3.6% | +7.01% | +1.07% | +30.17% | +19.1% | strong-up | 🟡 Cooled after last cycle's gain |
| AI | $10.65 | 52.8 | $10.66 | -0.1% | +1.62% | +9.79% | -38.37% | +2.6% | up | 🔴 Thin cushion, year still deeply negative |
| NOW | $135.62 | 51.6 | $138.75 | -2.3% | +0.11% | +7.81% | -26.18% | +16.3% | strong-up | 🟡 Cooled, repair continuing |
| CRM | $234.02 | 50.1 | $248.11 | -5.7% | -1.64% | +13.81% | -2.88% | +16.3% | strong-up | 🟡 Cooled, year near flat |
| WDAY | $189.45 | 50.2 | $193.30 | -2.0% | -2.28% | -0.68% | -21.96% | +19.8% | strong-up | 🟡 Cooled, year still negative |
| CSCO | $106.70 | 41.7 | $109.06 | -2.2% | -2.57% | -5.04% | +57.26% | +10.0% | weak-down | 🟢 Roughly flat, strong year |
| EQIX | $1,008.08 | 42.0 | $1,031.34 | -2.3% | -1.30% | -6.63% | +28.77% | +2.8% | weak-down | 🟡 Cushion thinning further, the data-center REIT to watch |
| DLR | $178.61 | 40.0 | $184.29 | -3.1% | -1.93% | -7.66% | +4.23% | -1.1% | down | 🔴 Crossed below its 200-day this week |
| ADBE | $235.47 | 36.6 | $259.70 | -9.3% | -5.40% | -13.90% | -33.51% | -10.4% | strong-down | 🔴 Deepened further, confirmed breakdown |
| PATH | $12.46 | 34.3 | $14.81 | -15.9% | -6.95% | -25.66% | +2.64% | -2.7% | down | 🔴 Crossed below its 200-day, fifth-plus straight week down |
Read: Digital Realty and UiPath, last cycle's thinnest positive cushions, both crossed below their 200-day this week — the resolution the desk was watching for, and it went the wrong way for both. Datadog's gain remains the group's standout without a sourced cause; Adobe stays the group's confirmed breakdown.
AI Power / Energy
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| BE | $288.70 | 62.8 | $256.50 | +12.6% | +8.69% | +32.30% | +320.29% | +42.2% | strong-up | 🟢 Extended further, group's clean leader |
| SMR | $8.42 | 43.9 | $9.17 | -8.2% | +1.81% | -9.17% | -77.67% | -31.2% | strong-down | 🔴 Worst year on the board |
| CEG | $263.27 | 43.8 | $274.27 | -4.0% | +3.36% | -5.81% | -19.32% | -9.3% | strong-down | 🟡 RSI held exactly flat, year improved |
| OKLO | $38.04 | 44.9 | $39.15 | -2.8% | +0.11% | -8.56% | -68.07% | -37.6% | strong-down | 🔴 Deeply broken, roughly flat |
| VST | $138.46 | 42.4 | $142.51 | -2.8% | -1.57% | -1.12% | -31.33% | -11.0% | strong-down | 🔴 Below its 200-day, deteriorating |
| SEDG | $32.68 | 43.5 | $34.34 | -4.8% | -5.77% | -1.21% | -13.77% | -22.5% | strong-down | 🔴 Bad week, well below its 200-day |
| RUN | $8.11 | 39.8 | $8.59 | -5.6% | -4.92% | -11.17% | -52.04% | -41.2% | strong-down | 🔴 Deeply broken |
| TAC | $11.53 | 38.8 | $12.00 | -3.9% | -5.65% | -8.78% | -14.53% | -11.1% | strong-down | 🔴 Deteriorated further, news pull FAILED since April |
| EOSE | $3.17 | 37.4 | $3.74 | -15.2% | -19.95% | -5.09% | -69.78% | -58.7% | strong-down | 🔴 Deepest damage in the group, no dated cause found |
| FSLR | $177.71 | 35.1 | $199.65 | -11.0% | -9.31% | -13.70% | -20.33% | -21.5% | strong-down | 🔴 Fell further into oversold, no sourced cause |
| ENPH | $32.40 | 32.2 | $35.66 | -9.1% | -6.47% | -15.67% | -12.62% | -21.4% | strong-down | 🔴 Fell further into oversold, news receipt stale since June |
| NEE | $76.08 | 22.8 | $81.07 | -6.2% | -5.46% | -9.67% | +1.92% | -13.1% | strong-down | 🔴 Board's deepest capitulation, still the group's one positive year |
Read: Eleven of twelve names still sit below their 200-day. NextEra remains the board's deepest capitulation print; Eos Energy's -19.95% week is the sharpest decline anywhere on this board and carries no dated cause in its own receipt. Constellation Energy's stabilization continues quietly — RSI unchanged, trailing year improving.
AI Healthcare
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| TEM | $85.01 | 72.5 | $69.11 | +23.0% | +9.21% | +24.14% | +9.93% | +51.1% | strong-up | 🔴 Overbought, board's largest RSI gain, no dated cause |
| VEEV | $280.68 | 67.2 | $270.02 | +3.9% | +7.87% | +14.61% | +0.27% | +40.4% | strong-up | 🟢 Firmed, deep cushion |
| ISRGE | $405.18 | 65.4 | $379.06 | +6.9% | +3.01% | +9.38% | -7.52% | -10.1% | weak-up | 🟡 Firming but still below its 200-day |
Read: Tempus AI posted the board's largest single-week RSI gain with no sourced cause found in a receipt that predates this window. Intuitive Surgical keeps repairing but remains 10.1% below its 200-day.
Quantum / Speculative AI
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| IONQ | $45.48 | 63.3 | $39.49 | +15.2% | +16.23% | +13.61% | -34.50% | +4.2% | up | 🟢 Reclaimed its 200-day this week |
| RGTI | $16.66 | 55.0 | $15.60 | +6.8% | +5.71% | +4.52% | -48.10% | -10.4% | weak-up | 🟡 Improved, still below its 200-day |
| QBTS | $17.41 | 48.5 | $17.01 | +2.4% | +1.75% | -0.57% | -33.90% | -17.3% | strong-down | 🔴 Improved but still deeply below its 200-day |
| BBAI | $2.80 | 42.1 | $2.89 | -3.0% | 0.00% | -8.20% | -60.78% | -31.1% | strong-down | 🔴 Roughly flat, still deeply broken |
| SOUN | $6.04 | 39.7 | $6.39 | -5.5% | +1.85% | -13.84% | -63.06% | -23.9% | strong-down | 🔴 Modest improvement, deepest year damage in the cohort |
Read: The whole cohort improved together for a second straight cycle, and IonQ actually crossed the threshold — its 200-day cushion flipped positive, the first name in this group to do so. The rest remain bounces inside unrepaired breakdowns.
Telecom / Connectivity
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| T | $25.38 | 50.3 | $25.73 | -1.4% | -0.08% | -1.89% | -10.32% | +0.9% | up | 🟡 Firmed slightly, cushion thin |
| SKM | $36.30 | 48.3 | $36.89 | -1.6% | +1.11% | -8.79% | +67.28% | +12.6% | strong-up | 🟢 Firmed, group's only clean long-horizon profile |
| VZ | $47.08 | 39.7 | $49.30 | -4.5% | -2.10% | -6.20% | +8.60% | +1.7% | weak-down | 🟢 Two-week decline broke, year still positive |
| TMUS | $165.43 | 36.6 | $175.89 | -5.9% | -1.64% | -7.89% | -30.47% | -13.9% | strong-down | 🔴 Confirmed damage, roughly unchanged |
| BCE | $20.97 | 22.1 | $22.79 | -8.0% | -4.94% | -10.73% | -9.02% | -12.1% | strong-down | 🔴 Fell into capitulation, no substantive cause on file |
Read: The group's two-cycle unexplained decline broke for three of five names this week — Verizon, AT&T and SK Telecom all firmed — while BCE moved the opposite direction into the board's second capitulation print. T-Mobile stays confirmed damage.
AI ETFs
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| SMH | $606.56 | 62.7 | $568.83 | +6.6% | +5.86% | +9.14% | +89.51% | +23.0% | strong-up | 🟢 Extended, huge trailing year |
| AIQ | $65.97 | 60.7 | $64.38 | +2.5% | +2.87% | +4.60% | +34.85% | +15.8% | strong-up | 🟢 Steady, group leader |
| ROBO | $81.06 | 54.4 | $79.37 | +2.1% | +3.26% | -0.15% | +23.89% | +3.8% | strong-up | 🟢 Improved, narrowing the gap to AIQ |
| BOTZ | $35.40 | 48.5 | $35.33 | +0.2% | +0.83% | -0.65% | +1.46% | -4.1% | strong-down | 🟡 Improved, year still barely positive |
Read: Both robotics funds improved this week, narrowing — not closing — the gap to the two AI-weighted funds that continue to lead.
Optical / Photonics & Neocloud
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Trend | Signal |
|---|---|---|---|---|---|---|---|---|---|---|
| NBIS | $237.33 | 55.5 | $221.99 | +6.9% | +6.17% | +10.94% | +119.87% | +44.6% | strong-up | 🟢 Firmed, part of the neocloud focus lane, cushion deep |
| LITE | $941.65 | 54.5 | $911.70 | +3.3% | +1.15% | +0.28% | +491.82% | +29.1% | strong-up | 🟢 Roughly flat, historic year intact |
| COHR | $295.83 | 49.5 | $290.39 | +1.9% | -6.78% | +0.50% | +177.59% | +3.4% | weak-down | 🟡 Fell on the week following its September 22 results |
Read: Nebius, a member of the neocloud/AI-provider stack the desk tracks as a standing focus lane, firmed again. Coherent's decline followed directly on its fourth-quarter/full-year fiscal 2026 results, with no further reaction item explaining the specific move beyond the report itself.
Too-Young Regime
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | Regime | Signal |
|---|---|---|---|---|---|---|---|---|
| SKHY | $191.56 | 59.1 | $180.09 | +6.4% | +2.17% | +21.23% | neutral | ⚠️ No 1-year or 200-day history yet — trend classification unavailable |
Read: SK hynix's US listing remains too young for a long-horizon read; its month stays strong but unclassifiable against a trend.
Tier Analysis
Capitulation (RSI < 25)
Two names: BCE (22.1) and NEE (22.8) — BCE newly fell into this band this week; NextEra remains the board's other capitulation print. NextEra still carries the group's one positive trailing year (+1.92%) among AI power; BCE's does not (-9.02%).
Oversold (RSI 25-40)
Ten names: ENPH (32.2), PATH (34.3), FSLR (35.1), ADBE (36.6), TMUS (36.6), EOSE (37.4), TAC (38.8), SOUN (39.7), VZ (39.7), RUN (39.8). Only PATH still carries a positive trailing year among this group.
Neutral-Strong (RSI 40+)
Fifty-eight names, three of them above RSI 70: AMD (73.0), TEM (72.5), META (71.3). QCOM (67.6), DDOG (67.0), VEEV (67.2), INTC (66.9) and ISRG (65.4) round out the next tier below that.
Entry Zones
| Stock | Entry Zone | Thesis | Status |
|---|---|---|---|
| AMD | Watch for the retest | Overbought, extended further with no fresh dated cause | 🔍 Watch |
| ARM | Watch | Cooled sharply off overbought, still no dated catalyst for either direction | 🔍 Watch |
| QCOM, MRVL, TSM, SMCI, NVDA, ASML | Hold | Firm, intact long-horizon checks | 🔒 Hold |
| INTC | Hold | Cooled off overbought, historic year intact | 🔒 Hold |
| AVGO | Watch | Group's only sub-200-day name | 🔍 Watch |
| MU, STX, WDC | Watch for exhaustion | Extraordinary years, print still ahead, pre-print "battleground" narrative on file | 🔍 Watch |
| META | Watch for the retest | Overbought, but year turned positive on a dated product-launch catalyst | 🔍 Watch |
| MSFT | Hold | Year turned positive, firming | 🔒 Hold |
| TSLA | Watch | Cooled, still below its 200-day | 🔍 Watch |
| GOOGL, AMZN | Hold | Cushions resolved back positive/intact | 🔒 Hold |
| ZS | Watch | Sharpest reversal on the board, no sourced cause | 🔍 Watch |
| CRWD, FTNT, PANW | Hold | Cooled off highs, deep cushions intact | 🔒 Hold |
| DDOG, NET, ANET, SNOW | Hold | Clean leaders, intact trends | 🔒 Hold |
| PLTR, MDB, NOW, AI, CRM, WDAY | Watch | Cooled this week against flat or negative years | 🔍 Watch |
| CSCO | Hold | Strong year, roughly flat | 🔒 Hold |
| EQIX | Watch | Cushion thinning further | 🔍 Watch |
| DLR, PATH | Avoid | Both crossed below their 200-day this week | ⚠️ Avoid |
| ADBE | Avoid | Confirmed breakdown, deepened again | ⚠️ Avoid |
| BE | Hold | Group's clean leader, extended further | 🔒 Hold |
| CEG | Watch | RSI flat, year improving — stabilizing, not repaired | 🔍 Watch |
| SMR, OKLO, TAC, SEDG, EOSE, VST, RUN, FSLR, ENPH | Avoid | Below their 200-day with negative years, most deteriorating further | ⚠️ Avoid |
| NEE | Watch | Board's deepest capitulation, year still positive | 🔍 Watch |
| TEM | Watch for the retest | Overbought, board's largest RSI gain, no dated cause | 🔍 Watch |
| VEEV | Hold | Deep cushion, firming | 🔒 Hold |
| ISRGE | Watch | Repairing, still below its 200-day | 🔍 Watch |
| IONQ | Hold | Reclaimed its 200-day this week | 🔒 Hold |
| RGTI | Watch | Improved, still below its 200-day | 🔍 Watch |
| QBTS, BBAI, SOUN | Avoid | Improved but still deeply broken | ⚠️ Avoid |
| T, SKM, VZ | Watch | Unexplained decline broke this week, firming | 🔍 Watch |
| TMUS, BCE | Avoid | Confirmed damage; BCE newly in capitulation | ⚠️ Avoid |
| SMH, AIQ, ROBO | Hold | Fund leadership intact, robotics narrowing the gap | 🔒 Hold |
| BOTZ | Watch | Improved, year still barely positive | 🔍 Watch |
| NBIS, LITE | Hold | Neocloud/photonics leaders, deep cushions | 🔒 Hold |
| COHR | Watch | Fell on the week following its own earnings report | 🔍 Watch |
| SKHY | Watch (research) | Too-young regime, no long-horizon read available | 🔍 Watch |
Action Matrix
| Stock | Signal | Action | Notes |
|---|---|---|---|
| AMD | 🔴 | 🔍 Watch | Overbought, extended further |
| ARM | 🟡 | 🔍 Watch | Cooled sharply, cause still unknown |
| QCOM, MRVL, TSM, SMCI, NVDA, ASML, INTC | 🟢 | 🔒 Hold | Intact long-horizon checks |
| AVGO | 🔴 | 🔍 Watch | Only sub-200-day semis name |
| MU, STX, WDC | 🟢 | 🔍 Watch | Historic years, print still ahead |
| META | 🟠 | 🔍 Watch | Overbought, year turned positive on a dated catalyst |
| MSFT | 🟢 | 🔒 Hold | Year turned positive |
| TSLA | 🟡 | 🔍 Watch | Cooled, below its 200-day |
| GOOGL, AMZN | 🟢 | 🔒 Hold | Intact trends |
| ZS | 🔴 | 🔍 Watch | Sharpest reversal on the board |
| CRWD, FTNT, PANW | 🟢 | 🔒 Hold | Cooled off highs, deep cushions |
| DDOG, NET, ANET, SNOW, CSCO | 🟢 | 🔒 Hold | Clean leaders |
| PLTR, MDB, NOW, AI, CRM, WDAY | 🟡 | 🔍 Watch | Cooled, weak years |
| EQIX | 🟡 | 🔍 Watch | Cushion thinning |
| DLR, PATH | 🔴 | ⚠️ Avoid | Crossed below their 200-day |
| ADBE | 🔴 | ⚠️ Avoid | Confirmed breakdown |
| BE | 🟢 | 🔒 Hold | Group's clean leader |
| CEG | 🟡 | 🔍 Watch | Stabilizing, not repaired |
| SMR, OKLO, TAC, SEDG, EOSE, VST, RUN, FSLR, ENPH | 🔴 | ⚠️ Avoid | Deeply broken |
| NEE | 🔴 | 🔍 Watch | Deepest capitulation, year still positive |
| TEM | 🔴 | 🔍 Watch | Overbought, largest RSI gain |
| VEEV, ISRG | 🟢 | 🔒 Hold / 🔍 Watch | Deep cushion / still repairing |
| IONQ | 🟢 | 🔒 Hold | Reclaimed its 200-day |
| RGTI | 🟡 | 🔍 Watch | Improved, still below its 200-day |
| QBTS, BBAI, SOUN | 🔴 | ⚠️ Avoid | Improved, still deeply broken |
| T, SKM, VZ | 🟡 | 🔍 Watch | Unexplained decline broke, firming |
| TMUS, BCE | 🔴 | ⚠️ Avoid | Confirmed damage; BCE newly capitulating |
| SMH, AIQ, ROBO | 🟢 | 🔒 Hold | Fund leadership intact |
| BOTZ | 🟡 | 🔍 Watch | Improved, year still thin |
| NBIS, LITE | 🟢 | 🔒 Hold | Neocloud/photonics leaders |
| COHR | 🟡 | 🔍 Watch | Fell after its own earnings report |
| SKHY | ⚠️ | 🔍 Watch | Too-young regime |
What To Watch Next
- Whether Zscaler's 16.9-point RSI reversal is the start of a deeper give-back or a one-week cool-off inside a still-intact 200-day cushion (+15.3%) — no sourced cause has been found for either the original re-rate or this reversal.
- Whether Meta's Muse Charm device launch translates into sustained tape strength or fades as a one-week news bump — the concrete tell is whether its trailing year (+0.37%) holds positive next cycle.
- Whether Arm's giveback continues toward its pre-spike level or stabilizes here — still the board's largest unexplained multi-week move in either direction.
- Whether BCE's capitulation print gets a sourced cause next cycle, or resolves the way telecom's broader two-week decline did this week (VZ, T, SKM all firmed without ever getting a specific receipt either).
- Whether Digital Realty and UiPath, both newly below their 200-day, deepen into confirmed damage or reclaim the line next cycle.
- Whether IonQ's 200-day reclaim holds a second week, which would make it the first name in the quantum/speculative cohort to convert a bounce into a genuine repair.
- Micron's scheduled print, still the largest scheduled event ahead on this board, now carrying fresh "battleground" framing in the financial press ahead of the report itself.
Sources
- Tape data (price, RSI, moving averages, returns): full-scan pre-computed summaries as of the 2026-09-25 close — ai-scan.
- News receipts checked for cause attribution: stocks{ARM,AMD,INTC,QCOM,ZS,META,MSFT,TEM,EOSE,FSLR,ENPH,P,NEE,BCE,VZ,CEG,DDOG,IONQ,TSLA,MRVL,NBIS,COHR,LITE,MU,STX,TAC}/news/latest.json`.
- Scheduled-event check:
research/stock-events/(no earnings prints beyond Coherent's own September 22 report fall inside this window for the names cited). - Meta's Muse Charm device launch: 2026-09-24-cnbc-meta-gets-to-consumer-ai-device-market-before-openai-but-zuc-108367513, 2026-09-24-cnbc-mark-zuckerberg-debuts-1-299-meta-vr-glasses-and-muse-charm--108367188.
- Meta's "best month since 2013": 2026-09-24-bloomberg-meta-s-best-month-since-2013-has-it-on-cusp-of-2-trillion-le-tltn89vttd0l00.
- Micron pre-print coverage: 2026-09-23-marketwatch-micron-x2019-s-stock-has-become-a-x2018-battleground-x2019-a--mktw-0005249885, 2026-09-24-marketwatch-3-things-micron-investors-need-to-watch-as-the-stakes-get-hi--mktw-0005251609.
- Coherent Q4/FY26 results: latest (item dated 2026-09-22).
- Prior cycle for comparison: 2026-09-23-ai-scan.
Related
10 eventsNo direct external sources are attached to this read.