Healthcare was soft but not broken on Friday, October 2: 17 of 24 names closed below their 20-day average while 17 sit above their 200-day, so the sector is pulling back inside a mostly intact trend ($XLV RSI 41.3, +16.06% on the year, 6.0% above its 200-day). The damage is stock-specific: $HROW (RSI 26.1), $ABT (29.7), $ZTS (37.5) and $SYK (38.1) are below their 200-day averages with negative years. $ITGR (74.2) is the only extended name, and $JNJ (32.3, +37.67% on the year) is the one oversold name still in a working trend. Verify the medtech weakness before treating it as a bargain.

Data as of the 2026-10-02 settled close; 24 tickers, all carrying a 2026-10-02 bar.

The sector fund $XLV closed at RSI 41.3, 1.3% below its 20-day and 6.0% above its 200-day, with a +16.06% year: a pullback inside a working trend. Pharma gave back ground on the week: $JNJ fell 5.6% (RSI 32.3, still 5.9% above its 200-day), $VRTX 4.08% (39.0), $LLY 3.43% (43.0, +39.4% on the year) and $GILD 4.1% (43.8). $MRK (46.3, +61.21% on the year) and $PFE (47.7) held up better. News pulls on file for the names discussed here were fetched before the October 2 session closed, so they cannot speak to October 2 moves; the desk's event records were checked for October 1 to 2 and hold no filings for these names. Where a move has no driver below, the cause is unknown for that reason, not because the news was searched and came back empty.

Medtech and animal health hold the broken structures. $ABT is at 29.7, 6.3% below its 200-day with a -26.69% year; $SYK is at 38.1, 16.6% below its 200-day; $MDT (35.5) sits 2.6% below its 200-day with the engine flagging its thesis intact; $ISRG fell 2.32% on the day to 51.2, 12.4% below its 200-day and 35.09% below its 52-week high, also flagged intact. $ZTS is down 52.43% on the year, 29.1% below its 200-day, and 53.16% below its high. $HROW is the most oversold name on the board at 26.1.

At the top, $ITGR is the lone extended name at RSI 74.2, though it is flat against its own 20-day and only 0.28% below its 52-week high. $MRNA (+25.99% on the month) and $GH (+189.29% on the year) are the momentum leaders with intact trends. $VEEV fell 3.05% on the day yet holds 35.8% above its 200-day.

• Extended count: 1 of 24 at RSI 70 or higher ($ITGR); 2 under RSI 30 ($HROW, $ABT).
• Breadth: 17 of 24 below their 20-day average, 7 below their 200-day, 7 with a negative year.
• This edition carries no week-over-week price or RSI deltas; every figure is as of the October 2 close.

RSI under 30 is oversold, 70 and over extended. The one-year return and the distance to the 200-day separate a pullback from a breakdown. $JNJ, $VRTX, $LLY and $AMGN are pullbacks (above the 200-day, positive years). $ABT, $SYK, $ZTS and $HROW are below the 200-day with negative years. This board carries price and RSI only; a low RSI is screen evidence, not a recommendation.

Tape figures below are live-bound to the desk summaries; as-of date is shown per row.

None this scan.

$HROW, $ABT, $JNJ, $MDT, $CVS, $ZTS, $SYK, $VRTX

Of the oversold group, above the 200-day with a positive year (pullbacks): $JNJ, $VRTX. Below the 200-day or with a negative year (trend under test): $HROW, $ABT, $MDT, $CVS, $ZTS, $SYK.

$UNH, $XLV, $LLY, $DXCM, $GILD, $MRK, $PFE, $AMGN, $BIIB, $ISRG, $ATRC, $VEEV, $TMO, $GH, $MRNA, $ITGR

• $XLV: holding the 200-day, which sits 6.0% below the close, keeps the sector's pullback a pullback.
• $JNJ: does the 5.9% cushion above its 200-day hold as RSI sits near 32.
• $ABT, $SYK, $MDT: medtech needs a reclaim of the 20-day to change a long trend under test.
• $ISRG: a 35.09% drawdown from its high with the engine thesis still flagged intact; reconcile the two before reading it as a setup.
• $ITGR at the top of its range: a close below its 20-day would mark the first crack.

• Tape data: pre-computed desk summary for the healthcare universe, as of the 2026-10-02 close (healthcare).
• News receipts: HROW and TMO re-pulled 2026-10-03 with no item on the move, the rest predate October 2; October 1-2 captures checked by company name, nothing on these moves; research/stock-events/ checked for 2026-10-01 to 2026-10-02: no entries for names in this cut.
• Prior scan: 2026-09-25-healthcare-scan (structure only).