EV & Clean Energy Scan — October 2, 2026 Close
EV & Clean Energy Scan — October 2, 2026 Close
EV makers led the selloff — XPeng -8.60%, Rivian -7.56%, Li Auto -7.04%, NIO -5.87% over the week — with XPeng (RSI 25.6) and NIO (RSI 25.1) now washed out; the clean-energy side held up better, with EnerSys +9.73%, Nextracker +4.27% and Enphase +3.30%. Only 2 of 21 names are above their 200-day average; Bloom Energy (1Y +228.58%) is the standout long trend.
Data as-of the 2026-10-02 close (settled, Friday). The prior scan was the September 25 edition; the seven-day column below runs from that close to this one, so it is the change since the last scan.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🔴 Weak: 13 down, 8 up; only 2 of 21 above their 200-day averages. EV makers are broken long trends; BE and ENS are the only names above their 200-day averages. |
| Leaders | ENS (+9.73%), NXT (+4.27%), TE (+3.70%) |
| Laggards | XPEV (-8.60%), RIVN (-7.56%), LI (-7.04%) |
| Caveat | Price and RSI come from the desk's pre-computed summaries only. Company-specific causes are named only where a dated capture exists; every other move is left as cause unknown. |
What's Going On
The EV group is where the damage sits. XPeng closed at $9.25 (RSI 25.6, 1Y -61.15%, 40.5% below its 200-day), NIO at $3.37 (RSI 25.1, 1Y -57.29%), Li Auto at $10.69 (1Y -58.61%) and Rivian at $14.3 (RSI 35.9; its trailing year is +5.69%, so it is the one EV maker less broken). Lucid is -82.86% on the year. These are long trends under test, with XPeng and NIO below RSI 30. No dated company-specific item for these moves is in the corpus: cause unknown (news for XPEV fetched 2026-08-28 and LI 2026-09-02 predate this week, so those pulls do not cover the move; RIVN fetched 2026-09-25, no items; stock-events and the October 1-2 article and X captures re-checked 2026-10-03, nothing).
Tesla jumped +4.65% on October 2 to $370.59 (RSI 55) but is -0.41% on the week and 5.7% below its 200-day average — a one-day bounce, not yet a trend change. Bloom Energy rose +4.17% on the day and is up +33.08% over 30 days, +228.58% on the year, 39.4% above its 200-day: the only genuine momentum name here. Cause for the Tesla and Bloom moves: unknown (TSLA news fetched 2026-10-01, BE 2026-09-30, both before the move; stock-events and captures checked, nothing).
EnerSys (+9.73% on the week, RSI 67.5) is the leader and the only name above 65 RSI; SolarEdge rose +7.19% on the day (RSI 47.3) but remains -59.27% from its high. Lithium (SQM -3.54%, ALB -4.68% on the week) is washing out: ALB is -24.07% over 30 days, the deepest decline on the board.
What Changed Since Prior Scan
Since the September 25 scan: 8 names up, 13 down. Biggest decliners were XPEV, RIVN, LI; biggest gainers ENS, NXT, TE. Names with RSI under 30: NIO, XPEV.
How To Read The Board
This is a price-and-momentum screen: it shows where each name sits on the tape, not why. RSI below 30 is a washout, 70 and above is extended. The long-trend columns matter more than the week: a name above its 200-day average with a positive trailing year is in an intact trend however ugly its week; a name below it with a negative trailing year is the one actually under test. Status icons follow that rule, and no insider or fundamentals data is included here.
Price Table
As of 2026-10-02.
| Stock | Price | RSI | SMA20 | vs SMA20 | 7D | 30D | 1Y | vs SMA200 | Signal |
|---|---|---|---|---|---|---|---|---|---|
| ENS | 196.3 | 67.5 | 179.45 | 9.4 | 9.73 | 9.01 | 70.67 | 3.5 | 🟢 Healthy |
| NXT | 84.3 | 51.2 | 81.46 | 3.5 | 4.27 | 2.12 | 6.22 | -21.8 | 🟢 Healthy |
| TE | 3.92 | 43.1 | 4.21 | -7 | 3.7 | -8.2 | 66.1 | -39.5 | 🟡 Pullback |
| ENPH | 33.47 | 42.6 | 34.71 | -3.6 | 3.3 | -5.77 | -11.31 | -18.8 | 🟡 Below long trend |
| LCID | 4.13 | 39.7 | 4.2 | -1.7 | 1.47 | -12.31 | -82.86 | -46 | 🟡 Below long trend |
| SEDG | 33.09 | 47.3 | 34.09 | -2.9 | 1.25 | -2.62 | -12.83 | -21.6 | 🟡 Below long trend |
| LIT | 69.28 | 40.5 | 70.43 | -1.6 | 0.38 | -6.71 | 18.57 | -7.4 | 🟡 Pullback |
| BE | 289.15 | 58.7 | 272.21 | 6.2 | 0.16 | 33.08 | 228.58 | 39.4 | 🟢 Healthy |
| TAN | 44.05 | 40.9 | 45.52 | -3.2 | -0.02 | -6.81 | -4.61 | -19.7 | 🟡 Below long trend |
| ICLN | 17.19 | 45.6 | 17.48 | -1.6 | -0.23 | -1.04 | 8.18 | -8.7 | 🟡 Pullback |
| DRIV | 33.53 | 46.3 | 33.72 | -0.6 | -0.39 | -1.67 | 15.14 | -2.7 | 🟡 Pullback |
| TSLA | 370.59 | 55 | 364.87 | 1.6 | -0.41 | 3.8 | -15 | -5.7 | 🟡 Below long trend |
| FSLR | 174.61 | 36.3 | 192.44 | -9.3 | -1.74 | -13.82 | -24.78 | -22.1 | 🟡 Below long trend |
| KARS | 27.78 | 37.5 | 28.69 | -3.2 | -1.8 | -7.55 | -10.59 | -13.4 | 🟡 Below long trend |
| SQM | 64.52 | 34.5 | 69.24 | -6.8 | -3.54 | -20.48 | 44.6 | -15.9 | 🟡 Pullback |
| PLUG | 1.9 | 38.7 | 2.04 | -6.9 | -4.04 | -9.09 | -32.86 | -22.9 | 🔴 Long trend broken |
| ALB | 104.59 | 32.9 | 113.84 | -8.1 | -4.68 | -24.07 | 19.38 | -32.7 | 🟡 Pullback |
| NIO | 3.37 | 25.1 | 3.61 | -6.6 | -5.87 | -12.69 | -57.29 | -33.3 | 🟢 Oversold |
| LI | 10.69 | 33.2 | 11.73 | -8.8 | -7.04 | -10.99 | -58.61 | -30.5 | 🔴 Long trend broken |
| RIVN | 14.3 | 35.9 | 15.35 | -6.9 | -7.56 | -8.39 | 5.69 | -11.5 | 🟡 Pullback |
| XPEV | 9.25 | 25.6 | 10.25 | -9.8 | -8.6 | -16.52 | -61.15 | -40.5 | 🟢 Oversold |
Tier Analysis
Capitulation (RSI under 25)
No names in this tier.
Oversold / weak (RSI 25-40)
| Stock | RSI | 1Y | vs SMA200 | Read |
|---|---|---|---|---|
| NIO | 25.1 | -57.29 | -33.3 | Long trend broken |
| XPEV | 25.6 | -61.15 | -40.5 | Long trend broken |
| ALB | 32.9 | 19.38 | -32.7 | Mixed long trend |
| LI | 33.2 | -58.61 | -30.5 | Long trend broken |
| SQM | 34.5 | 44.6 | -15.9 | Mixed long trend |
| RIVN | 35.9 | 5.69 | -11.5 | Mixed long trend |
| FSLR | 36.3 | -24.78 | -22.1 | Long trend broken |
| KARS | 37.5 | -10.59 | -13.4 | Long trend broken |
| PLUG | 38.7 | -32.86 | -22.9 | Long trend broken |
| LCID | 39.7 | -82.86 | -46 | Long trend broken |
Neutral to strong (RSI 40+)
| Stock | RSI | 1Y | vs SMA200 | Read |
|---|---|---|---|---|
| LIT | 40.5 | 18.57 | -7.4 | Mixed long trend |
| TAN | 40.9 | -4.61 | -19.7 | Long trend broken |
| ENPH | 42.6 | -11.31 | -18.8 | Long trend broken |
| TE | 43.1 | 66.1 | -39.5 | Mixed long trend |
| ICLN | 45.6 | 8.18 | -8.7 | Mixed long trend |
| DRIV | 46.3 | 15.14 | -2.7 | Mixed long trend |
| SEDG | 47.3 | -12.83 | -21.6 | Long trend broken |
| NXT | 51.2 | 6.22 | -21.8 | Mixed long trend |
| TSLA | 55 | -15 | -5.7 | Long trend broken |
| BE | 58.7 | 228.58 | 39.4 | Intact long trend, pullback |
| ENS | 67.5 | 70.67 | 3.5 | Intact long trend, pullback |
Entry Zones
No price targets are set here; the reference levels are the 20-day and 50-day averages and the 52-week high gap, all from the summaries.
| Stock | SMA20 | SMA50 | From 52wk high | Thesis |
|---|---|---|---|---|
| ENS | 179.45 | 185.3 | -19.65 | Trend intact; a flag entry needs the pullback to hold above the 50-day |
| NXT | 81.46 | 88.71 | -48.32 | Mixed; wait for a base |
| TE | 4.21 | 4.54 | -68.61 | Mixed; wait for a base |
| ENPH | 34.71 | 36.96 | -54.61 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| LCID | 4.2 | 5.4 | -83.63 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| SEDG | 34.09 | 34.58 | -59.27 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| LIT | 70.43 | 72.21 | -24.68 | Mixed; wait for a base |
| BE | 272.21 | 236.16 | -17.69 | Trend intact; a flag entry needs the pullback to hold above the 50-day |
| TAN | 45.52 | 48.29 | -41.73 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| ICLN | 17.48 | 17.66 | -27.71 | Mixed; wait for a base |
| DRIV | 33.72 | 34.21 | -21.59 | Mixed; wait for a base |
| TSLA | 364.87 | 347.58 | -25.71 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| FSLR | 192.44 | 207.51 | -45.6 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| KARS | 28.69 | 29.69 | -27.12 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| SQM | 69.24 | 72.19 | -34.16 | Mixed; wait for a base |
| PLUG | 2.04 | 2.11 | -58.52 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| ALB | 113.84 | 122.84 | -52.67 | Mixed; wait for a base |
| NIO | 3.61 | 4.16 | -57.98 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| LI | 11.73 | 12.26 | -59.4 | Trend under test; needs a reclaim of the 200-day before it is an entry |
| RIVN | 15.35 | 15.73 | -36.98 | Mixed; wait for a base |
| XPEV | 10.25 | 11.26 | -67.25 | Trend under test; needs a reclaim of the 200-day before it is an entry |
Action Matrix
| Stock | Signal | Action | Notes |
|---|---|---|---|
| ENS | 🟢 Healthy | 🔒 Hold | No company-specific receipt; cause unknown. |
| NXT | 🟢 Healthy | 🔍 Watch | No company-specific receipt; cause unknown. |
| TE | 🟡 Pullback | 🔍 Watch | No company-specific receipt; cause unknown. |
| ENPH | 🟡 Below long trend | ⚠️ Caution | No company-specific receipt; cause unknown. |
| LCID | 🟡 Below long trend | ⚠️ Caution | No company-specific receipt; cause unknown. |
| SEDG | 🟡 Below long trend | ⚠️ Caution | No company-specific receipt; cause unknown. |
| LIT | 🟡 Pullback | 🔍 Watch | No company-specific receipt; cause unknown. |
| BE | 🟢 Healthy | 🔒 Hold | No company-specific receipt; cause unknown. |
| TAN | 🟡 Below long trend | ⚠️ Caution | No company-specific receipt; cause unknown. |
| ICLN | 🟡 Pullback | 🔍 Watch | No company-specific receipt; cause unknown. |
| DRIV | 🟡 Pullback | 🔍 Watch | No company-specific receipt; cause unknown. |
| TSLA | 🟡 Below long trend | ⚠️ Caution | Friday rise follows third-quarter deliveries well above expectations (MarketWatch, October 2); still below the long trend. |
| FSLR | 🟡 Below long trend | ⚠️ Caution | No company-specific receipt; cause unknown. |
| KARS | 🟡 Below long trend | ⚠️ Caution | No company-specific receipt; cause unknown. |
| SQM | 🟡 Pullback | 🔍 Watch | No company-specific receipt; cause unknown. |
| PLUG | 🔴 Long trend broken | ⚠️ Caution | No company-specific receipt; cause unknown. |
| ALB | 🟡 Pullback | 🔍 Watch | No company-specific receipt; cause unknown. |
| NIO | 🟢 Oversold | 🔍 Watch (washout, trend broken) | No company-specific receipt; cause unknown. |
| LI | 🔴 Long trend broken | ⚠️ Caution | No company-specific receipt; cause unknown. |
| RIVN | 🟡 Pullback | 🔍 Watch | No company-specific receipt; cause unknown. |
| XPEV | 🟢 Oversold | 🔍 Watch (washout, trend broken) | No company-specific receipt; cause unknown. |
What To Watch Next
| Watch | Why it matters |
|---|---|
| Whether XPEV stabilises | Weakest seven-day move on the board (-8.60%), RSI 25.6, -40.5% versus its 200-day average. |
| Whether ENS extends | Strongest seven-day move (+9.73%), RSI 67.5. |
| Washout names: NIO, XPEV | RSI under 30; a base needs a reclaim of the 20-day average first, and trailing-year trend decides whether it is a flag or a falling knife. |
Sources
- Tape data (price, RSI, averages, returns, long-horizon fields): pre-computed summary, 2026-10-02 close — ev-clean-energy.
- News check for names whose moves are called cause unknown: TSLA re-pulled 2026-10-03 (cause found: MarketWatch, October 2, deliveries well above expectations); LI fetched 2026-09-02; NIO fetched 2026-09-06; XPEV fetched 2026-08-28; RIVN fetched 2026-09-25; LCID fetched 2026-07-17; BE re-pulled 2026-10-03; PLUG fetched 2026-08-11; ENPH fetched 2026-06-21; SEDG fetched 2026-08-27; FSLR fetched 2026-09-25; LIT fetched 2026-10-01; ALB fetched 2026-07-29; SQM fetched 2026-09-30; DRIV fetched 2026-06-21; KARS fetched 2026-06-21; TAN fetched 2026-04-29; ICLN fetched 2026-06-21; NXT fetched 2026-07-14; ENS re-pulled 2026-10-03; TE fetched 2026-09-19. Every pull returned zero dated items; "no items" in a pull is not proof of no cause.
research/stock-events/checked for 2026-10-01 and 2026-10-02: only the Nike earnings record applies to this universe (NKE; other 10-01 events are ACN and VYLR, not on these boards). Capture articles for 2026-10-01 and 2026-10-02 were searched by company name; only the Nike CNBC item matched at drafting, and a re-check on 2026-10-03 found MarketWatch's October 2 Tesla deliveries story (https://www.marketwatch.com/story/tesla-ev-sales-beat-wall-streets-expectations-again-and-the-stock-jumps-294a4f53).
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