Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (08-28-2026)

Market Trends Revealed by This Week’s Quant Screens (08-28-2026)

Note: U.S. equities rebounded during the week of August 24–28, finishing modestly higher across the major indexes after last week’s risk-off reset. The week began cautiously, with semiconductor weakness weighing on the Nasdaq, but lower yields and expectations for Nvidia earnings helped stabilize sentiment. Midweek, the market digested PCE inflation data, and after the close, Nvidia, Salesforce, and CrowdStrike delivered strong earnings results. Thursday became the key risk-on session, with AI, cloud, software, and cybersecurity names rallying sharply. By Friday, however, the rally faded somewhat after hawkish comments from Fed Chair Warsh at Jackson Hole pushed yields higher, while Marvell’s weaker guidance weighed on the Nasdaq.

The screens capture this mixed but constructive rebound very well. Trend-Follow Pullbacks narrowed slightly, Contrarian remained large, Breakout cooled, ADX broadened again, Relative Strength stayed healthy but more selective, and GapUp expanded sharply. The biggest message is that the market is no longer in last week’s broad risk-off reset, but it is also not a clean, all-clear risk-on expansion. The rebound is being driven by strong company-specific earnings catalysts, especially in AI/software/cybersecurity, while macro uncertainty around inflation, yields, and small-cap underperformance remains a constraint.

The biggest shifts versus last week (08-21) are:

#1 Trend-Follow Pullbacks remained active but narrowed: structured dip setups remain, but the list is smaller and more technology / software oriented.

#2 Contrarian stayed large: short-term stress remains present inside long-term uptrends, especially across semis, software, industrials, communications, and selected growth names.

#3 Breakout narrowed from six names to three: confirmed upside setups remain, but breadth is not broad.

#4 ADX expanded: persistent trend strength broadened again, led by healthcare, software/platforms, biotech, and selected growth names.

#5 Relative Strength narrowed from last week’s very broad list: leadership remains intact, but more concentrated in software, healthcare, biotech, and platforms.

#6 GapUp expanded sharply: event-driven upside returned, consistent with strong earnings reactions in software, cybersecurity, and selected growth names.

1) Pullback (Trend Following): Still active, but narrower — dip timing remains selective

Trend-Follow Pullback remained active but narrowed versus last week.

This week: DDOG, OKTA, FFIV, SNX, BTSG

Last week: DE, VMRK, PCAR, TROW, BALL, RIOT

The composition has changed meaningfully. Last week’s list was more mixed, including industrials, asset management, packaging, and crypto-linked exposure. This week’s list is more technology and software-oriented, with DDOG, OKTA, FFIV, and SNX all pointing toward enterprise software, security, networking, and technology distribution. BTSG adds a healthcare services / staffing component.

Interpretation: the market is still creating structured pullback opportunities inside long-term uptrends, but the opportunity set is not broad. The presence of software and enterprise technology names suggests that parts of the tech complex are no longer simply breaking down; they are rotating into pullback/rebound structures after the prior volatility.

2) Pullback (Contrarian): Still large — short-term stress remains beneath the rebound

Contrarian remains meaningfully populated.

This week: INTC, HPE, URI, TER, KEYS, DAL, PYPL, CRDO, FLEX, P, CRS, ENTG, SITM, LSCC, ONTO, DOCN, IESC, AIT, MOG.A, AUR, LFUS, VSAT, AAOI, VIAV, COMP, SYRE, RAL, NPO, KGS, MXL, VSH, AXTI

Last week: INTC, CRWD, NUE, COHR, ALAB, VIK, UAL, STLD, CRS, SITM, IESC, AUR, SMTC, VSXY, PLXS, M, MXL, CROX, NOVT, GTX, VSH, AXTI

This screen remains one of the key caution signals. Contrarian captures names that remain in long-term uptrends but are under sharp short-term bearish pressure. The list stayed large, meaning that the market’s rebound did not fully remove internal stress.

The composition remains heavily exposed to semiconductors, electronics, and technology supply chains: INTC, TER, KEYS, CRDO, ENTG, SITM, LSCC, ONTO, AAOI, VIAV, MXL, VSH, AXTI. Enterprise / cloud / platform names are also present through HPE, PYPL, P, DOCN, COMP. Industrials and cyclicals appear through URI, FLEX, CRS, IESC, AIT, MOG.A, LFUS, NPO, KGS. Airlines appear through DAL, while speculative / high-beta growth remains represented by AUR and SYRE.

Interpretation: the rebound is real, but not clean. Many long-term winners are still in short-term shakeout conditions. This fits a week where strong AI/software earnings produced a sharp rally, but macro pressure and guidance concerns—especially around rates and selected semis—kept volatility elevated.

3) Breakout: Narrowed — upside confirmation exists, but breadth remains limited

Breakout narrowed versus last week.

This week: CRM, SJM, GAP

Last week: MRK, DE, TGT, EL, TEM, VIRT

The list is smaller, but it is still not empty. That matters. Even though the week included a strong earnings-led rally, the market did not produce broad new-high + volume confirmation across many names.

The composition is very different from last week. CRM reflects the strong earnings reaction in enterprise software. SJM represents defensive consumer staples. GAP points to consumer / retail strength.

Interpretation: the market is rewarding selected earnings and defensive / consumer names, but breakout breadth is still not broad enough to call this a full risk-on breakout regime. The rally was more catalyst-driven than breadth-driven.

4) Trend Follow (ADX): Expanded — persistent trend strength is broadening again

ADX expanded meaningfully versus last week.

This week: REGN, BDX, TEAM, ROKU, CRL, SEIC, CHYM, HALO, PAYC, BIO, APGE, RGEN

Last week: REGN, PYPL, ROKU, HALO, EAT, APGE

This is one of the more constructive changes in the screens. ADX is still not extremely broad, but the list expanded and became more diversified.

Healthcare, biotech, and life sciences dominate: REGN, BDX, CRL, CHYM, HALO, BIO, APGE, RGEN. Software and enterprise platforms are represented by TEAM and PAYC. Streaming / platform exposure remains through ROKU, while financial services / asset management appears through SEIC.

Interpretation: persistent trend strength is improving, but leadership is still concentrated in specific areas. Healthcare / biotech / life sciences remain very strong, while software platforms are beginning to participate more clearly. This is more constructive than last week’s narrow ADX list.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Still healthy, but narrower — leadership remains concentrated in software, healthcare, and platforms

Relative Strength narrowed versus last week but remains meaningful.

This week: MRNA, TEAM, VEEV, U, CHYM, PAYC, ESTC, PATH, APPF

Last week: PLTR, ABNB, DASH, AU, MRNA, WDAY, TEAM, VEEV, DXCM, MDB, U, RBRK, ZBRA, GWRE, CRL, CACI, TEM, MANH, CHYM, HALO, EAT, REGN, PAYC, PCOR, ESTC, TTAN, IDCC, PATH, APPF

The narrowing is important. Last week’s RS list expanded strongly across software, healthcare, platforms, travel, gold, and selected technology. This week, the leadership list is smaller and more concentrated.

Software and enterprise platforms dominate: TEAM, VEEV, U, PAYC, ESTC, PATH, APPF. Healthcare / biotech remains present through MRNA and CHYM.

Interpretation: leadership did not disappear, but breadth narrowed. The market’s strongest relative leaders are now concentrated in software, platform, and healthcare / biotech names. This is constructive, but less broad than last week.

6) Event: GapUp — expanded sharply, confirming an earnings/catalyst-driven tape

GapUp expanded significantly.

This week: CRWD, CRM, VEEV, OKTA, ESTC, SOLS, GAP

Last week: MRNA, EL, TEM

This is one of the clearest signs of the week’s character. The market’s rebound was heavily event-driven. Strong earnings reactions in software, cloud, cybersecurity, and selected consumer names produced sharp gap-up moves.

The composition is highly coherent: cybersecurity / enterprise software through CRWD, OKTA, ESTC, CRM software through CRM, healthcare software / vertical SaaS through VEEV, solar / energy-related exposure through SOLS, and retail / consumer through GAP.

Interpretation: this week’s upside was not a slow, uniform advance. It was driven by company-specific earnings and catalyst reactions. That is constructive for leadership quality, but it also means the rally is still selective rather than broad.

7) Low Float + Increased Volume: Still contained — short-term flow is present, but not overheated

Low Float + Increased Volume narrowed modestly.

This week: LVS, SAIL, DRS

Last week: VIK, UI, MAIR, IBRX, MWH

The list remains small. This suggests that short-term speculative flow is present but not excessive.

The composition includes consumer / gaming through LVS, software / education or workflow exposure through SAIL, and defense / industrial exposure through DRS.

Interpretation: speculative heat remains contained. The market rally was not powered by a broad low-float chase. This supports the view that the week’s strength was earnings-led rather than pure speculative risk-taking.

8) Institutional Buying: Still very broad — accumulation remains a major support

Institutional Buying remains broad.

This week includes: MDLN, CRWV, RKT, VG, FCNCA, SMCI, LUV, FIG, CRBG, QXO, AHR, AUR, SAIL, SMMT, FLS, MP, FPS, LTH, SIRI, TTAN, GLXY, OSCR, AAL, IBRX, APPF, CBC, SYRE, FIGR, RIOT, INGM, JOBY, CIFR, QBTS, CACC, RSI, KRMN, LGN, MWH, ALM, AXTI, FLY, LUNR, NVTS

This list remains similar to last week and stays very broad across sectors. Cloud / AI infrastructure appears through CRWV and SMCI. Financials and fintech-related names appear through RKT, FCNCA, FIG, CRBG, CBC, RSI. Travel / airlines appear through LUV, AAL. Healthcare and biotech appear through SMMT, OSCR, IBRX, SYRE. Digital-asset / speculative technology exposure remains present through GLXY, RIOT, CIFR, QBTS. Industrials and infrastructure remain visible through FLS, TTAN, MWH, while semiconductor / electronics exposure remains through AXTI, NVTS.

Interpretation: institutional accumulation remains a stabilizing force. Even though the market is not broad-based across every short-term screen, longer-horizon sponsorship continues to look supportive.

9) Surprise (Earnings Momentum): Stable — earnings winners remain intact

The Surprise screen remains unchanged and stable.

This week: LLY, MU, PWR, BE, STRL, RRC, KYMR, IONS, SNEX, AAON, ECG, PTCT

Last week: LLY, MU, PWR, BE, STRL, KYMR, RRC, IONS, SNEX, AAON, ECG, PTCT

This stability is important. Earnings momentum remains intact across healthcare / pharma (LLY), memory / semiconductor-related exposure (MU), power / infrastructure (PWR), clean energy / hydrogen (BE), industrials / construction (STRL, AAON), energy (RRC), biotech (KYMR, IONS, PTCT), and selected cyclicals (SNEX, ECG).

Interpretation: the market’s rebound has earnings support. The concern is not that earnings momentum disappeared; rather, the question is whether strong earnings can continue to offset inflation stickiness, higher yields, and guidance risk in selected technology names.

10) Fundamental (Return to Profitability + Sales Growth): Stable — recovery cohort remains intact

The Fundamental recovery screen remains stable.

This week: APO, LNG, TEAM, TPG, J, SITM, AGNC, TEM, SM, AVAV, TEX, ALGM, MXL, ALM, AXTI

Last week: APO, LNG, TEAM, TPG, SITM, J, TEM, AGNC, SM, AVAV, TEX, ALGM, MXL, ALM, AXTI

The list is essentially unchanged. It includes financials / alternative assets (APO, TPG, AGNC), energy / LNG (LNG, SM), software / platforms (TEAM, TEM), semiconductors and electronics (SITM, ALGM, MXL, AXTI), industrials and engineering (J, TEX), aerospace / defense (AVAV), and materials / industrial exposure (ALM).

Interpretation: the fundamental recovery pipeline remains intact. This is an important stabilizing factor beneath a market that remains sensitive to rates, inflation, and AI earnings expectations.

Final takeaway

This week looks like an earnings-led rebound with selective leadership, not a clean broad risk-on expansion. Strong results from Nvidia, Salesforce, CrowdStrike, and related software / cybersecurity names helped repair sentiment after last week’s decline, and the screens confirm that event-driven upside returned: GapUp expanded sharply and ADX broadened. Institutional Buying, Surprise, and Fundamental Recovery also stayed stable, suggesting that the market still has solid sponsorship and earnings support.

However, the internal picture is not fully clean. Contrarian remains large, meaning many long-term uptrend names are still experiencing short-term stress. Breakout narrowed to only three names, and Relative Strength narrowed from last week’s broader list. Low-float flow also stayed contained, suggesting that risk appetite improved but did not become speculative.

Overall, the market has shifted from last week’s volatile risk-off reset into a selective, earnings-driven recovery. AI and software earnings are strong enough to support sentiment, but sticky inflation, rising yields after Jackson Hole, Marvell’s guidance disappointment, and small-cap underperformance remain constraints. If the recovery continues, Breakout and RS breadth should expand next week. If yields remain firm or guidance concerns spread, the large Contrarian list will remain the main warning signal.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (08-21-2026)

Market Trends Revealed by This Week’s Quant Screens (08-21-2026)

Note: U.S. equities weakened during the week of August 17–21. Although the market rebounded on Friday, the major indexes finished lower for the week, ending the prior three-week winning streak for the S&P 500 and Nasdaq. The main pressure came from rising Treasury yields, renewed oil/geopolitical concerns, consumer weakness, and continued adjustment in AI/semiconductor-related names. The 30-year Treasury yield briefly reached levels not seen since 2007, while crude oil rose sharply on renewed U.S.–Iran uncertainty. Consumer-related pressure was also visible, with Walmart’s weak sales reaction weighing on sentiment. Crypto-linked names showed relative strength, but overall the tape became more volatile and less comfortable.

Last week’s report described a firm but increasingly selective continuation of the risk-on rebound: Trend-Follow Pullbacks had expanded, Contrarian stress had cleared, Breakout had narrowed sharply, GapUp had cooled, and RS / Institutional / Surprise / Fundamental screens remained stable. This week’s screens show a clear shift back toward instability and rotation. Contrarian surged again, Breakout expanded from one name to several, ADX broadened modestly, and RS expanded strongly. However, the combination of rising yields, oil pressure, and renewed AI/semiconductor volatility means this is not a clean risk-on continuation. It is better described as a volatile rotation market with selective leadership still alive.

The biggest shifts versus last week (08-14) are:

#1 Trend-Follow Pullbacks narrowed: structured pullback setups remain, but the list is much smaller than last week.

#2 Contrarian surged: sharp short-term stress returned inside long-term uptrends, especially in semis, tech, industrials, airlines, materials, and selected cyclicals.

#3 Breakout expanded from one name to six: despite index weakness, some confirmed upside setups returned.

#4 ADX expanded: persistent trend strength broadened modestly, led by healthcare, fintech/platforms, and selected growth names.

#5 Relative Strength expanded strongly: leadership is much broader than last week, with software, platforms, healthcare, biotech, travel, gold/mining, and selected technology names showing strength.

#6 GapUp remained selective: event-driven upside exists, but remains limited to a small group.

1) Pullback (Trend Following): Narrowed — dip timing remains, but less broad than last week

Trend-Follow Pullback narrowed sharply versus last week.

This week: DE, VMRK, PCAR, TROW, BALL, RIOT

Last week: WDC, WELL, MNST, HLT, D, KDP, KHC, JBHT, EVRG, ESS, BXP, MUSA, OSCR, CUBE, TKR, VIRT, MTCH, RHP, MSM, INGM, AROC

This narrowing suggests that the broad pullback/rebound opportunity set from last week has partially faded. However, the screen is not empty, so the market is still creating selected structured dip setups inside long-term uptrends.

The composition is mixed: industrial/agricultural machinery (DE), technology / digital infrastructure (VMRK), trucks / industrial cyclicals (PCAR), asset management (TROW), packaging / materials (BALL), and crypto-linked exposure (RIOT).

Interpretation: the market is not broadly resetting in the same way as last week. Instead, pullback timing has become more selective. The presence of RIOT is consistent with crypto-related strength, while DE, PCAR, BALL suggest that some industrial and cyclical names are rotating into dip structures.

2) Pullback (Contrarian): Surged — short-term stress returned beneath the surface

Contrarian expanded sharply.

This week: INTC, CRWD, NUE, COHR, ALAB, VIK, UAL, STLD, CRS, SITM, IESC, AUR, SMTC, VSXY, PLXS, M, MXL, CROX, NOVT, GTX, VSH, AXTI

Last week: DVA, HUT, SNEX

This is the most important caution signal of the week. Contrarian captures stocks that remain in long-term uptrends but are experiencing sharp short-term bearish momentum. The jump from only three names to a broad list means short-term stress returned quickly.

The composition is notable. Semiconductors, AI infrastructure, and technology supply-chain names are heavily represented: INTC, COHR, ALAB, SITM, SMTC, PLXS, MXL, VSH, AXTI. Software/security also appears through CRWD. Industrials and materials are visible through NUE, STLD, CRS, IESC, NOVT, GTX. Airlines/travel and consumer names appear through UAL, VIK, M, CROX. Speculative / high-beta names remain present through AUR and VSXY.

Interpretation: this is not a clean continuation of last week’s calm risk-on tape. The market is again repricing long-term winners in the short term. However, because these names still pass long-term trend filters, the screen is not saying that the entire structure has broken. It is saying that volatility and shakeouts have returned.

3) Breakout: Expanded — selective upside confirmation returned despite index weakness

Breakout expanded from one name to six.

This week: MRK, DE, TGT, EL, TEM, VIRT

Last week: P

This is a constructive offset to the surge in Contrarian. Even though the major indexes declined for the week, some stocks still produced confirmed new-high + volume setups.

The composition is mixed and defensive/rotational rather than pure AI/tech. Healthcare/pharma appears through MRK. Industrials appear through DE. Consumer and retail exposure appears through TGT and EL. Growth/platform exposure remains through TEM. Market-structure / trading-related exposure appears through VIRT.

Interpretation: the market is weak at the index level, but not internally broken. Investors are still willing to reward selected names with breakout confirmation. The key point is that leadership is rotating away from crowded AI/semiconductor momentum and toward healthcare, consumer, industrial, and selected platform/financial-market exposure.

4) Trend Follow (ADX): Expanded modestly — persistent trend strength is broadening, but still selective

ADX expanded versus last week.

This week: REGN, PYPL, ROKU, HALO, EAT, APGE

Last week: TECH, EAT, APGE

This is a modestly constructive change. ADX remains far from broad, but the list is larger and more varied than last week.

The composition includes biotech / healthcare growth (REGN, HALO, APGE), fintech / payments (PYPL), streaming / media platform exposure (ROKU), and restaurants / consumer discretionary (EAT).

Interpretation: persistent trend strength is beginning to broaden, but only selectively. The market is not yet in a broad trend-following expansion, but certain healthcare, platform, and consumer names are showing durable upward trend structure.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Expanded strongly — leadership is broadening outside pure AI/semis

Relative Strength expanded meaningfully.

This week: PLTR, ABNB, DASH, AU, MRNA, WDAY, TEAM, VEEV, DXCM, MDB, U, RBRK, ZBRA, GWRE, CRL, CACI, TEM, MANH, CHYM, HALO, EAT, REGN, PAYC, PCOR, ESTC, TTAN, IDCC, PATH, APPF

Last week: WDAY, TEAM, P, MDB, ARXS, THC, RBRK, U, ZBRA, CACI, CHYM, PAYC, ESTC, IDCC, PATH

This is one of the strongest parts of the screen set. Even though the indexes fell, the RS list expanded. That means leadership did not disappear; it broadened.

Software and enterprise platforms remain important: WDAY, TEAM, VEEV, MDB, U, RBRK, GWRE, MANH, PAYC, PCOR, ESTC, PATH, APPF. AI / data / defense-related growth appears through PLTR and CACI. Travel and consumer platforms appear through ABNB, DASH, EAT. Healthcare and biotech are prominent: MRNA, DXCM, CRL, CHYM, HALO, REGN. Industrial / automation remains visible through ZBRA. Gold / precious metals exposure appears through AU. Technology licensing / IP remains through IDCC.

Interpretation: leadership remains healthy, but it is not simply mega-cap AI or semiconductor leadership. It is broader and more defensive-growth oriented, with software, healthcare, platforms, travel, gold, and selected tech all participating.

6) Event: GapUp — still selective

GapUp remained limited.

This week: MRNA, EL, TEM

Last week: CRWV, RDDT, CAVA

Event-driven upside continues to exist, but the list is still small. This suggests that company-specific catalysts are being rewarded selectively, not broadly.

The composition also fits this week’s rotation: biotech / healthcare (MRNA), consumer / beauty (EL), and growth / platform exposure (TEM).

Interpretation: this is not a broad earnings/catalyst acceleration tape. The market is responding positively to selected events, but overall participation remains narrow.

7) Low Float + Increased Volume: Modestly active — short-term flow is present but not hot

Low Float + Increased Volume expanded slightly.

This week: VIK, UI, MAIR, IBRX, MWH

Last week: CBRS, PS, SMMT, MWH

This screen remains contained compared with more speculative periods, but it is not dead. Travel / cruise exposure appears through VIK, software / networking through UI, selected small-cap / special-situation exposure through MAIR, biotech through IBRX, and infrastructure / construction through MWH.

Interpretation: short-term flow activity is present in selected names, but this is not a broad speculative low-float melt-up. The market remains selective.

8) Institutional Buying: Expanded and remains broad — accumulation is still supportive

Institutional Buying remains very broad.

This week includes: AEP, CRWV, MDLN, RKT, FCNCA, SN, SMCI, LUV, CRBG, QXO, FIG, AHR, AUR, UMBF, MP, FPS, SMMT, SAIL, FLS, LTH, SIRI, OSCR, GLXY, SYRE, AAL, TTAN, SFD, FIGR, IBRX, APPF, CBC, RIOT, QBTS, JOBY, KRMN, CIFR, INGM, LGN, CACC, RSI, MWH, ALM, AXTI, LUNR, FLY, NVTS

This list is broader than last week’s and includes a wide mix of utilities (AEP), cloud / AI infrastructure (CRWV, SMCI), financials (RKT, FCNCA, CRBG, UMBF, FIG, CBC), airlines and travel (LUV, AAL), mining / materials (MP), healthcare / biotech (SMMT, OSCR, SYRE, IBRX), speculative technology / digital assets (GLXY, RIOT, QBTS, CIFR), consumer / services (LTH, CACC, RSI), industrials and infrastructure (FLS, TTAN, MWH), and semiconductors / electronics (AXTI, NVTS).

Interpretation: this is an important stabilizer. Even though the indexes weakened and Contrarian stress returned, institutional accumulation signals remain broad. That argues against a broad sponsorship breakdown.

9) Surprise (Earnings Momentum): Stable — earnings winners remain intact

The Surprise screen remains stable.

This week: LLY, MU, PWR, BE, STRL, KYMR, RRC, IONS, SNEX, AAON, ECG, PTCT

Last week: LLY, MU, PWR, BE, STRL, KYMR, RRC, IONS, SNEX, ECG, AAON, MRCY, PTCT

The list changed very little. MRCY dropped out, but the core remains intact. The continued presence of LLY, MU, PWR, BE, STRL, KYMR, IONS, AAON suggests that earnings momentum is still present across healthcare/pharma, memory/semiconductor-related exposure, power/infrastructure, industrials, biotech, and selected cyclicals.

Interpretation: earnings momentum remains supportive. The week’s weakness looks more related to yields, oil/geopolitics, consumer pressure, and positioning than to a broad deterioration in earnings surprise quality.

10) Fundamental (Return to Profitability + Sales Growth): Stable — recovery cohort remains intact

The Fundamental recovery screen remains stable.

This week: APO, LNG, TEAM, TPG, SITM, J, TEM, AGNC, SM, AVAV, TEX, ALGM, MXL, ALM, AXTI

Last week: APO, LNG, SITM, TPG, J, AGNC, AVAV, TEM, ALGM, SM, TEX, MXL, AXTI, ALM

The list is almost unchanged, with TEAM added. This is notable because TEAM also appears in Relative Strength, reinforcing the software / enterprise platform leadership theme.

The broader composition remains diverse: financials / alternative assets (APO, TPG, AGNC), energy / LNG (LNG, SM), software / platforms (TEAM, TEM), semiconductor / electronics (SITM, ALGM, MXL, AXTI), engineering / industrials (J, TEX), aerospace / defense (AVAV), and materials / industrial exposure (ALM).

Interpretation: the fundamental recovery pipeline remains intact. This continues to provide support beneath the market, even as short-term volatility rises.

Final takeaway

This week looks like a volatile rotation / risk-off reset, not a broad structural breakdown. The major indexes declined for the week as rising Treasury yields, higher oil prices, renewed U.S.–Iran uncertainty, consumer weakness, and AI/semiconductor adjustment pressure weighed on risk assets. The screens confirm the increase in internal stress: Contrarian surged sharply, showing that many long-term uptrend stocks are again experiencing short-term bearish momentum. Trend-Follow Pullbacks narrowed, and GapUp remained selective.

However, the market is not simply falling apart. Breakout expanded from one name to six, ADX broadened modestly, Relative Strength expanded strongly, Institutional Buying remained very broad, and Surprise / Fundamental Recovery screens stayed stable. The key message is that leadership is rotating rather than disappearing. Software, healthcare, biotech, selected platforms, gold/mining, consumer names, and some industrials are gaining relative strength, while semis and AI-related names remain more mixed and volatile.

Overall, this is a market under macro pressure but still supported by earnings momentum and institutional accumulation. Next week’s key tests are Nvidia earnings and Jackson Hole. If the market stabilizes, Breakout and GapUp breadth should expand further, and Contrarian should shrink again. If yields and oil continue rising, the large Contrarian list could remain the main warning signal.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (08-14-2026)

Market Trends Revealed by This Week’s Quant Screens (08-14-2026)

Note: U.S. equities rose modestly during the week of August 10–14, marking a third consecutive weekly gain. The S&P 500 traded near record highs and reached a new closing high on Thursday, supported by calmer inflation data, strong Q2 earnings, and continued confidence in AI-related demand. However, the week ended with some profit-taking after weak consumer data, including softer retail sales and weaker consumer sentiment. The market remains firm, but the tone is now more selective: inflation relief supports equities, while consumer weakness, high valuations, oil/geopolitical uncertainty, and stock-specific earnings reactions are creating more dispersion.

Last week’s report described a stronger risk-on rebound with improving confirmation: Breakout expanded, GapUp broadened, RS improved, while ADX stayed narrow. This week’s screens show a more nuanced message. The market did not break down, but the clean upside confirmation weakened. Trend-Follow Pullbacks expanded again, Contrarian collapsed, Breakout narrowed sharply, GapUp cooled, while RS stayed strong and Institutional / Surprise / Fundamental screens remained stable.

The biggest shifts versus last week (08-07) are:

#1 Trend-Follow Pullbacks expanded: fresh structured pullback setups returned, even as the index stayed near all-time highs.
#2 Contrarian collapsed: sharp short-term stress inside long-term uptrends largely cleared, suggesting less internal damage than in prior correction phases.
#3 Breakout narrowed sharply: confirmed new-high + volume setups fell from a broad list to only one name, showing that the rally is no longer producing broad breakout confirmation.
#4 ADX stayed narrow but improved slightly: persistent trend strength remains limited, though EAT joined TECH and APGE.
#5 Relative Strength remained strong: leadership stayed concentrated in enterprise software, fintech/platforms, healthcare, and selected growth names.
#6 GapUp cooled sharply: earnings/catalyst upside remains present, but less broad than last week.

1) Pullback (Trend Following): Expanded — fresh dip timing returned near market highs

Trend-Follow Pullback expanded meaningfully versus last week.

This week: WDC, WELL, MNST, HLT, D, KDP, KHC, JBHT, EVRG, ESS, BXP, MUSA, OSCR, CUBE, TKR, VIRT, MTCH, RHP, MSM, INGM, AROC

Last week: LLY, WELL, CMI, APD, EBAY, HUM, BWA, KYMR, SWX

This expansion is important because it occurred while the S&P 500 remained near record highs. In other words, the index is strong, but many individual stocks are still rotating into pullback/rebound structures.

The composition is also different from a pure AI or technology dip list. It includes storage / tech hardware (WDC), healthcare / real estate and REIT exposure (WELL, ESS, BXP, CUBE, RHP), consumer staples and beverages (MNST, KDP, KHC), travel / leisure (HLT), utilities (D, EVRG), transports / logistics (JBHT), consumer / specialty retail or platforms (MUSA, MTCH), healthcare growth (OSCR), industrials and distribution (TKR, MSM, AROC), financial / market structure exposure (VIRT), and financial infrastructure (INGM).

Interpretation: the market is still firm, but the rally is not uniformly extended. Fresh pullback timing is returning across defensive, consumer, real estate, industrial, and selected technology names. This suggests rotation within a high-level market rather than broad deterioration.

2) Pullback (Contrarian): Collapsed — short-term stress cleared substantially

Contrarian declined sharply.

This week: DVA, HUT, SNEX

Last week: SNDK, WDC, CVS, ADM, STRL, DVA, BTSG, AXSM, HUT, MUSA, BRKR, TGTX, SNEX, SM, MIRM, RSI, MYRG

This is a constructive change. The Contrarian screen captures names that remain in long-term uptrends but have suffered sharp short-term bearish momentum. When the list collapses, it means fewer structurally strong stocks are being hit by sharp short-term selling.

The remaining list is small and mixed: healthcare services (DVA), digital-asset / high-beta exposure (HUT), and financial / trading-related exposure (SNEX).

Interpretation: internal short-term stress has eased materially. This supports the idea that the market remains structurally firm. However, the decline in Contrarian does not automatically mean a broad breakout regime; it simply means fewer long-term winners are under acute short-term pressure.

3) Breakout: Collapsed to one name — upside confirmation narrowed sharply

Breakout narrowed dramatically.

This week: P

Last week: PLTR, ABNB, FERG, NTRA, TEAM, TWLO, SN, TPG, U, ZBRA, FLR, VCTR

This is the most important caution signal of the week. Last week, the Breakout list expanded meaningfully and confirmed that the rally was becoming more than just a rebound. This week, despite the S&P 500 trading at record levels, confirmed new-high + volume setups almost disappeared.

Interpretation: the index remained strong, but broad upside confirmation weakened. This suggests that the market is no longer producing a wide set of fresh breakout leaders. The tape is still firm, but it is becoming more selective and less broadly confirmatory.

4) Trend Follow (ADX): Still narrow — trend acceleration remains limited

ADX remained narrow but improved slightly.

This week: TECH, EAT, APGE

Last week: TECH, APGE

The addition of EAT is constructive, but the list is still very small. Persistent, accelerating trend strength remains concentrated in a few names rather than spreading broadly across sectors.

The composition includes life sciences / healthcare tools (TECH), restaurants / consumer discretionary (EAT), and biotech / healthcare growth (APGE).

Interpretation: this remains a key limitation of the current market structure. The market is firm, but not yet in a broad trend-following expansion. Strong trends exist, but they are still concentrated in a narrow group.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Remains strong — software, fintech/platforms, healthcare, and selected growth continue to lead

Relative Strength remains meaningfully populated.

This week: WDAY, TEAM, P, MDB, ARXS, THC, RBRK, U, ZBRA, CACI, CHYM, PAYC, ESTC, IDCC, PATH

Last week: PYPL, WDAY, TEAM, ARXS, THC, U, ZBRA, CACI, HALO, CHYM, SAIL, PAYC, AVTR, PATH

Leadership remains focused on software, platforms, healthcare, and selected growth. Enterprise software and cloud names remain visible through WDAY, TEAM, MDB, RBRK, U, PAYC, ESTC, PATH. Healthcare and biotech remain present through ARXS, THC, CHYM. Defense / government technology appears through CACI. Industrial / automation appears through ZBRA. Technology licensing / IP appears through IDCC.

Interpretation: leadership remains intact and still looks growth-oriented. However, the RS list is not dominated by mega-cap AI or semiconductors. This is more of an enterprise software / platform / healthcare growth leadership mix than a pure AI-semiconductor tape.

6) Event: GapUp — cooled sharply after last week’s broad catalyst surge

GapUp narrowed.

This week: CRWV, RDDT, CAVA

Last week: PLTR, COHR, NTRA, TEAM, TWLO, INSM, FN, ZBRA, W, DT, AEIS, AAOI, PAYC, PRAX

This is another cautionary change. Last week, earnings and company-specific catalysts were being broadly rewarded across software, AI/data platforms, semis, biotech, and industrials. This week, the GapUp list is much smaller.

The remaining names are still growth-oriented: CRWV, RDDT, and CAVA. This fits the market backdrop of strong stock-specific reactions, but the breadth is no longer broad.

Interpretation: event-driven upside remains alive, but it has cooled sharply. The market is still rewarding selected catalysts, but not across a broad set of groups the way it did last week.

7) Low Float + Increased Volume: Still contained — speculative flow remains limited

Low Float + Increased Volume remains contained.

This week: CBRS, PS, SMMT, MWH

Last week: MDLN, FIG, JAN, CBC, PACS

The list changed, but remains small. It includes healthcare / biotech or medical exposure (CBRS, SMMT), financial / investment exposure (PS), and industrial / energy infrastructure exposure (MWH).

Interpretation: this is not a low-float speculative melt-up. Short-term flow exists in selected names, but the broader risk-on move is not being driven by aggressive low-float volume chasing.

8) Institutional Buying: Stable and broad — accumulation remains supportive

Institutional Buying remains broad and stable.

This week includes: DVN, MDLN, GFS, FCNCA, ECHO, IOT, CDE, DOCN, FIG, COKE, DOCU, BTSG, DPZ, PSKY, BMNR, LTH, PTGX, SIRI, SARO, BROS, APLD, NCLH, KRMN, CHRD, POOL, CLF, INGM, FIGR, RGTI, VSNT, AXTI, FLY

This list remains very similar to recent weeks. That stability is important because it suggests that longer-horizon accumulation remains intact even as the short-term screens fluctuate.

Interpretation: institutional sponsorship continues to provide a constructive background. The market’s near-record level is not being accompanied by clear evidence of broad institutional distribution in this screen.

9) Surprise (Earnings Momentum): Stable — earnings winners continue to support the tape

The Surprise screen remains stable.

This week: LLY, MU, PWR, BE, STRL, KYMR, RRC, IONS, SNEX, ECG, AAON, MRCY, PTCT

Last week: LLY, MU, PWR, BE, STRL, RRC, IONS, KYMR, SNEX, ECG, MRCY, PTCT

The list is almost unchanged, with AAON added. The continued presence of LLY, MU, PWR, and KYMR is important because it shows that earnings momentum remains present across healthcare / pharma, memory / semiconductor-related exposure, power / infrastructure, and biotech.

Interpretation: earnings momentum remains supportive. This helps explain why the market can stay near record highs despite concerns about consumer weakness, high valuations, and geopolitical / oil-related uncertainty.

10) Fundamental (Return to Profitability + Sales Growth): Stable, with rotation in recovery names

The Fundamental recovery screen remains stable but rotated.

This week: APO, LNG, SITM, TPG, J, AGNC, AVAV, TEM, ALGM, SM, TEX, MXL, AXTI, ALM

Last week: LNG, SITM, TPG, J, AGNC, CHYM, VIAV, AVAV, TEM, OSCR, ALGM, TEX, SM, MXL

The list continues to include a wide mix of recovery and growth candidates. Financials / alternative assets appear through APO, TPG, AGNC. Energy and LNG exposure remain through LNG and SM. Semiconductor / electronics exposure appears through SITM, ALGM, MXL, AXTI. Infrastructure / engineering and industrial exposure appear through J and TEX. Aerospace / defense remains through AVAV. Growth / platform exposure remains through TEM.

Interpretation: the fundamental recovery pipeline remains intact. The composition is rotating, but the screen continues to show that underlying business recovery signals are not deteriorating.

Final takeaway

This week looks like a firm but more selective continuation of the risk-on rebound. The S&P 500 stayed near record highs and the market posted a third consecutive weekly gain, supported by calmer inflation data, strong earnings, and reduced Fed-tightening fears. However, the screens show that the internal structure is no longer as broadly confirmatory as last week. Trend-Follow Pullbacks expanded, suggesting fresh rotation and dip timing beneath the surface. Contrarian collapsed, showing that acute short-term stress has eased. But Breakout narrowed to only one name and GapUp cooled sharply, meaning the rally is not producing the same broad new-high and catalyst confirmation as last week.

Overall, the market remains constructive, but more selective. Relative Strength is still strong in software, platforms, healthcare, and selected growth names; Institutional Buying, Earnings Momentum, and Fundamental Recovery remain stable. The key risk is that the index is near record highs while Breakout breadth has narrowed. For the rally to become more durable, the next confirmation should come from renewed Breakout expansion, broader GapUp participation during earnings season, and a wider ADX trend-following list beyond the current narrow group.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (08-07-2026)

Market Trends Revealed by This Week’s Quant Screens (08-07-2026)

Note: U.S. equities moved sharply higher during the week of August 3–7, with major indexes broadly advancing and the S&P 500 reaching a new all-time high. This was one of the strongest weekly rallies since mid-April, supported by easing Middle East tensions, lower crude oil prices, better corporate earnings, continued enthusiasm around technology and AI-related growth, and softer labor-market data that reduced concerns about further Fed tightening. The VIX stayed subdued, consumer discretionary and technology led the market, while energy-related areas were relatively weaker.

The screens show a clear improvement from last week’s volatile rebound / repair phase. Last week, the market had already started to recover, but the structure was still uneven: Trend-Follow Pullbacks surged, Contrarian narrowed, GapUp expanded, while Breakout, ADX, and RS breadth remained limited. This week, the message is more constructive: Breakout expanded meaningfully, GapUp broadened again, Relative Strength improved sharply, and Contrarian stayed contained compared with the very large stress lists from earlier July. However, ADX remains narrow, so the tape is not yet a fully mature trend-following expansion. It is better described as a risk-on rebound with improving breadth, strong catalyst response, and selective leadership broadening.

The biggest shifts versus last week (07-31) are:

#1 Trend-Follow Pullbacks narrowed sharply: the broad pullback/rebound list from last week was partly consumed by the strong market rally.
#2 Contrarian increased modestly but remains far below the extreme July stress phase: short-term pullbacks remain visible, but not at the scale seen during the AI/semiconductor correction.
#3 Breakout expanded meaningfully: confirmed new-high + volume setups broadened from a very small list to a more substantial group, including software, platforms, financials, travel, healthcare, and industrials.
#4 ADX stayed narrow: persistent trend strength remains limited to TECH and APGE, showing that trend acceleration has not yet broadened.
#5 Relative Strength improved sharply: leadership expanded from a small group into enterprise software, fintech, healthcare, defense, and selected growth names.
#6 GapUp expanded again: earnings and company-specific catalysts are becoming a major driver of upside action.

1) Pullback (Trend Following): Narrowed — last week’s broad dip-repair window was partly consumed

Trend-Follow Pullback narrowed significantly versus last week.

This week: LLY, WELL, CMI, APD, EBAY, HUM, BWA, KYMR, SWX

Last week’s list was much larger and included: GOOGL, DELL, PANW, GEV, APH, CRWD, WDC, FTNT, PWR, DDOG, MPWR, FIX, BE, TER, LITE, KEYS, CIEN, ALAB, NTRA, EME, JBL, OKTA, GH, LSCC, IESC, SITM, DOCN, BWA, LFUS, CGNX, GSAT, FORM, AGX, CORZ, GTX, AXTI

This narrowing is logical in a strong rebound week. Last week, many technology, AI infrastructure, software, and industrial names were still in structured pullback/rebound positions. This week’s strong rally likely moved many of those names out of the pullback window.

The current list is more mixed and less technology-heavy. It includes healthcare and pharma (LLY, HUM, KYMR), real estate / healthcare real estate (WELL), industrials and machinery (CMI, BWA), chemicals / materials (APD), consumer / platform exposure (EBAY), and utilities (SWX).

Interpretation: the market is no longer offering the same broad dip-repair opportunity set as last week. The rally has already absorbed many of those pullback setups. Fresh pullback timing still exists, but it is now narrower and more diversified.

2) Pullback (Contrarian): Modestly larger — short-term stress remains, but not extreme

Contrarian increased versus last week, but remains much smaller than the very large stress lists seen in early and mid-July.

This week: SNDK, WDC, CVS, ADM, STRL, DVA, BTSG, AXSM, HUT, MUSA, BRKR, TGTX, SNEX, SM, MIRM, RSI, MYRG

Last week: KLAC, SNDK, MRNA, BTSG, MOH, VICR, KYMR, ALGM, POWL, MIRM, LSTR, RSI, CACC, MYRG

This screen captures stocks that remain in long-term uptrends but have experienced sharp short-term bearish momentum. The list is still active, which means there is still two-way action beneath the surface despite the strong index rally.

The composition is notable. Memory / storage remains present through SNDK and WDC. Healthcare and biotech remain visible through CVS, DVA, AXSM, BRKR, TGTX, MIRM. Consumer and cyclicals appear through ADM, MUSA, RSI, while industrials / infrastructure appear through STRL, MYRG. Speculative or high-beta exposure remains through HUT.

Interpretation: the market rally is not lifting everything uniformly. Some long-term winners are still experiencing short-term pressure. However, the size of this screen is no longer signaling broad market stress. It looks more like normal rotation inside a stronger tape.

3) Breakout: Expanded meaningfully — confirmed upside breadth returned

Breakout expanded sharply.

This week: PLTR, ABNB, FERG, NTRA, TEAM, TWLO, SN, TPG, U, ZBRA, FLR, VCTR

Last week: MSFT, MHK

This is one of the most constructive changes in the screens. Last week, Breakout was active but very narrow, and the key point was the return of MSFT to the Breakout screen. This week, the list expanded into a much broader set of confirmed new-high + volume setups.

The composition is strongly growth-oriented, but not purely semiconductor-driven. Software and digital platforms are prominent: PLTR, TEAM, TWLO, U. Consumer / travel / platform exposure appears through ABNB. Healthcare / biotech appears through NTRA. Financials and asset management appear through TPG, VCTR. Industrial and infrastructure exposure appears through FERG, ZBRA, FLR. Consumer / lifestyle appears through SN.

Interpretation: this is a clear improvement in market structure. The rally is no longer only a rebound from oversold conditions. Investors are beginning to push selected names into confirmed breakout patterns with volume. This is a stronger risk-on confirmation than last week.

4) Trend Follow (ADX): Still narrow — trend acceleration has not broadened yet

ADX remained unchanged.

This week: TECH, APGE

Last week: TECH, APGE

This is the main caution signal in an otherwise improving week. Despite stronger indexes, broader Breakout activity, larger GapUp activity, and improved RS, the ADX screen did not expand.

Interpretation: the market is improving, but persistent trend acceleration is still narrow. The strongest ADX structures remain concentrated in healthcare / life-sciences names. The rally is being driven by breakouts, earnings reactions, and rotation, but it has not yet evolved into a broad trend-following regime.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Improved sharply — leadership broadened into software, fintech, healthcare, and selected growth

Relative Strength expanded meaningfully.

This week: PYPL, WDAY, TEAM, ARXS, THC, U, ZBRA, CACI, HALO, CHYM, SAIL, PAYC, AVTR, PATH

Last week: DINO, CORT, MANH, AVTR, LAD

This is another constructive change. Last week’s RS list was small and selective. This week, leadership broadened into a more growth-oriented and software-heavy mix.

Enterprise software and cloud / productivity names are visible through WDAY, TEAM, U, SAIL, PAYC, PATH. Fintech / payments appear through PYPL. Healthcare and biotech remain present through ARXS, THC, HALO, CHYM, AVTR. Defense / government technology appears through CACI, while industrial / automation exposure appears through ZBRA.

Interpretation: leadership is improving materially. The RS screen is still not dominated by mega-cap AI or semiconductors, but the return of software, fintech, healthcare growth, and selected industrial technology suggests that risk appetite is broadening beyond the defensive/energy mix seen in prior weeks.

6) Event: GapUp — expanded again, confirming stronger earnings/catalyst response

GapUp expanded further.

This week: PLTR, COHR, NTRA, TEAM, TWLO, INSM, FN, ZBRA, W, DT, AEIS, AAOI, PAYC, PRAX

Last week: MSFT, AMZN, PWR, IQV, IESC, CORT, MANH, AVTR, AXTI

This is one of the strongest signals of the week. Event-driven upside is now broadening across multiple growth and technology groups.

The list includes software / data / AI platforms (PLTR, TEAM, TWLO, DT, PAYC), optical / semiconductor / hardware exposure (COHR, AEIS, AAOI), healthcare / biotech (NTRA, INSM, PRAX), industrial / distribution (FN, ZBRA), and consumer / platform exposure (W).

Interpretation: earnings and company-specific catalysts are increasingly being rewarded. This fits the broader market backdrop: strong earnings, especially in technology and AI-related areas, helped push the market higher. A broadening GapUp list is consistent with a more confident risk-on tape.

7) Low Float + Increased Volume: Narrowed — short-term flow cooled, but did not disappear

Low Float + Increased Volume narrowed.

This week: MDLN, FIG, JAN, CBC, PACS

Last week: ARXS, H, IESC, MAIR, WMG, ERIE, GSAT, LINE, WLK, PPC, LOAR, MWH, PSN

This narrowing suggests that while the overall market became more risk-on, low-float volume behavior did not expand in the same way. The current list is more financial / healthcare / special-situation oriented, with MDLN, FIG, JAN, CBC, PACS.

Interpretation: this is not a speculative low-float melt-up. Risk appetite improved, but it is being expressed more through Breakout, GapUp, and RS than through aggressive low-float volume chasing.

8) Institutional Buying: Stable and broad — accumulation remains a supportive base

Institutional Buying remains broad and stable.

This week includes: DVN, MDLN, GFS, ECHO, FCNCA, IOT, CDE, DOCN, COKE, FIG, BTSG, DOCU, DPZ, BMNR, SIRI, SARO, LTH, PTGX, NCLH, BROS, APLD, KRMN, POOL, CHRD, CLF, INGM, FIGR, RGTI, AXTI, VSNT, FLY

This list remains very similar to prior weeks. That stability is important because it suggests that longer-term sponsorship remains intact even through the recent volatility.

Interpretation: institutional accumulation continues to provide a constructive background. The market’s recent volatility still looks more like rotation, earnings digestion, positioning, and macro uncertainty than broad institutional distribution.

9) Surprise (Earnings Momentum): Stable, with LLY and KYMR added

The Surprise screen remains stable and slightly refreshed.

This week: LLY, MU, PWR, BE, STRL, RRC, IONS, KYMR, SNEX, ECG, MRCY, PTCT

Last week: MU, SNDK, PWR, BE, STRL, IONQ, RRC, SNEX, IONS, JOBY, ECG, MRCY, PTCT

The continued presence of MU and PWR remains important. It shows that earnings momentum remains present in memory / semiconductor-related areas and infrastructure / power-related areas. The addition of LLY and KYMR strengthens the healthcare / biotech component.

Interpretation: earnings momentum remains supportive. This helps explain why the market was able to rebound strongly despite ongoing concerns about AI profitability, rates, and oil. The rally is not purely technical; it still has earnings support underneath.

10) Fundamental (Return to Profitability + Sales Growth): Stable, with new cyclical and growth additions

The Fundamental recovery screen remains stable but rotated.

This week: LNG, SITM, TPG, J, AGNC, CHYM, VIAV, AVAV, TEM, OSCR, ALGM, TEX, SM, MXL

Last week: TKO, IP, VNOM, TLN, AGNC, HALO, OSCR, VIAV, CHYM, PRMB, COMP, TEM, ALGM, AVAV, TEX, MXL

The list continues to include a wide mix of recovery and growth candidates. Energy and LNG exposure appear through LNG and SM. Semiconductor / electronics exposure appears through SITM, ALGM, MXL. Financials / private markets appear through TPG and AGNC. Engineering / infrastructure exposure appears through J and TEX. Healthcare, communications, aerospace / defense, and growth exposure remain through OSCR, VIAV, AVAV, TEM, CHYM.

Interpretation: the fundamental recovery pipeline remains intact. The composition is rotating, but the screen continues to show that underlying business recovery signals are not deteriorating.

Final takeaway

This week looks like a stronger risk-on rebound with improving confirmation, not merely a defensive rotation. The S&P 500 reached a new all-time high, major indexes advanced sharply, and the screens confirm a clear improvement in internal structure: Breakout expanded, GapUp broadened, Relative Strength improved, and Institutional Buying / Earnings Momentum / Fundamental Recovery stayed stable. The rally is being supported by lower oil, softer labor data reducing Fed-tightening pressure, strong earnings reactions, and renewed confidence in technology and AI-related growth.

However, the market is not yet in a fully mature broad trend-following regime. Trend-Follow Pullbacks narrowed because last week’s broad repair window was partly consumed, ADX remains limited to TECH and APGE, and Low Float activity cooled. The key message is that the market has shifted from repair and rotation toward stronger risk-on participation, but the next confirmation should come from broader ADX expansion, continued Breakout breadth, and sustained RS participation beyond software, fintech, healthcare, and selected growth names.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (07-31-2026)

Market Trends Revealed by This Week’s Quant Screens (07-31-2026)

Note: U.S. equities rebounded during the volatile week of July 27–31, producing the first weekly gain in three weeks. The recovery was supported by better late-week reactions to technology earnings, but the broader backdrop remained unsettled. July ended as a choppy month: the S&P 500 finished slightly lower for the month, the Nasdaq declined meaningfully, and the Dow held up better. The same macro and sector concerns remain active: questions about the profitability and sustainability of AI-related investment, higher oil prices linked to Middle East risk, inflation and rate uncertainty, and mixed reactions to major technology earnings.

The screens show a shift from last week’s selective risk-off / rotation tape into a more constructive but still uneven rebound. Last week, the key message was that leadership had rotated away from AI/semiconductors toward energy, materials, industrials, defensives, and idiosyncratic catalysts, while Contrarian remained very large and RS narrowed sharply. This week, that message has changed: Trend-Follow Pullbacks surged, Contrarian narrowed meaningfully, Breakout stayed active but small, Relative Strength expanded modestly, and GapUp activity broadened. That suggests the market is trying to recover, but the structure is still more “repair and rotation” than a clean, broad risk-on trend.

The biggest shifts versus last week (07-24) are:

#1 Trend-Follow Pullbacks surged: many long-term uptrend names entered structured pullback / rebound conditions, including GOOGL, DELL, PANW, CRWD, WDC, DDOG, FTNT, TER, CIEN, ALAB, OKTA, and many others.
#2 Contrarian narrowed sharply: short-term stress is still present, but it is no longer as broadly spread across AI/semis and technology supply chains as last week.
#3 Breakout remained active but small: confirmed new-high + volume setups continue, but only in a narrow pair of names.
#4 ADX stayed narrow and unchanged: persistent trend strength remains limited to TECH and APGE.
#5 Relative Strength improved but remains selective: leadership expanded from THC/DINO to DINO, CORT, MANH, AVTR, and LAD, but this is still not broad leadership.

1) Pullback (Trend Following): Surged — broad dip timing returned after the prior risk-off week

Trend-Follow Pullback expanded dramatically versus last week.

This week: GOOGL, DELL, PANW, GEV, APH, CRWD, WDC, FTNT, PWR, DDOG, MPWR, FIX, BE, TER, LITE, KEYS, CIEN, ALAB, NTRA, EME, JBL, OKTA, GH, LSCC, IESC, SITM, DOCN, BWA, LFUS, CGNX, GSAT, FORM, AGX, CORZ, GTX, AXTI

Last week’s list included: GE, AEP, URI, PSA, CARR, ETR, CNP, CW, EVRG, DTM, VIRT, IDA, MIDD

This is one of the most important changes this week. Last week’s pullback list was mostly non-tech and defensive / industrial. This week, technology, AI infrastructure, semiconductors, software, and enterprise security returned strongly to the pullback screen.

The composition includes mega-cap / large-cap technology and AI-related names (GOOGL, DELL, WDC, MPWR, TER, LITE, KEYS, CIEN, ALAB, LSCC, SITM, FORM, AXTI), cybersecurity and enterprise software (PANW, CRWD, FTNT, DDOG, OKTA, DOCN), infrastructure / industrials (GEV, APH, PWR, EME, JBL, IESC, BWA, LFUS, CGNX, AGX, GTX), and healthcare / biotech / growth names (BE, NTRA, GH).

Interpretation: this is not simply a defensive rotation anymore. The market is now creating structured pullback / rebound setups in many prior growth and technology leaders. That fits a volatile rebound week: investors are beginning to revisit beaten-down AI/tech and software names, but many are still in pullback structures rather than clean breakout trends.

2) Pullback (Contrarian): Narrowed sharply — short-term stress cooled, but did not disappear

Contrarian narrowed meaningfully versus last week.

This week: KLAC, SNDK, MRNA, BTSG, MOH, VICR, KYMR, ALGM, POWL, MIRM, LSTR, RSI, CACC, MYRG

Last week’s list was much larger and included: INTC, AMAT, LRCX, TXN, SNDK, WDC, MRVL, GLW, CIEN, COHR, ALAB, FLEX, MCHP, CRDO, TWLO, AFRM, MKSI, MRNA, MTSI, ENTG, SITM, RBRK, TTMI, ONTO, MOH, VICR, VMI, AAL, FROG, WULF, ALGM, FORM, AAOI, IBRX, MXL, KGS, VSH

This narrowing is constructive. Contrarian captures stocks that remain in long-term uptrends but have suffered sharp short-term bearish momentum. Last week, this list was extremely large, confirming broad stress across AI/semis, hardware, and technology supply chains. This week, the list is much smaller.

However, the remaining composition still matters. Semiconductors and hardware are still present (KLAC, SNDK, VICR, ALGM, POWL), healthcare / biotech remains visible (MRNA, MOH, KYMR, MIRM), and selected industrial / logistics / finance names remain under pressure (LSTR, CACC, MYRG).

Interpretation: the sharpest internal stress has cooled, especially compared with last week’s broad AI/tech shakeout. But stress has not vanished. The market is recovering, but still selectively, and some former leaders remain in short-term correction mode.

3) Breakout: Still active but narrow — confirmation exists, but breadth is limited

Breakout remained active.

This week: MSFT, MHK

Last week: MMM, WAB, PKG, PAG, LW, ACT

The list narrowed from six names to two, but the presence of MSFT is important. Last week’s breakout leadership was mostly non-tech and defensive / industrial. This week, at least one mega-cap technology name returned to the Breakout screen.

However, the list is still very small. A healthy broad risk-on tape would normally produce a larger number of confirmed new-high + volume setups.

Interpretation: breakout confirmation has not disappeared, and the return of MSFT is a constructive sign for technology sentiment. But breadth remains too narrow to call this a full breakout regime. The market is stabilizing and rebounding, not broadly accelerating yet.

4) Trend Follow (ADX): Still narrow — persistent trend strength remains limited

ADX remained unchanged.

This week: TECH, APGE

Last week: TECH, APGE

This is a very important nuance. Despite the broader rebound and the improvement in Pullback, GapUp, and RS screens, the ADX screen did not expand. Persistent, accelerating trend structure remains limited to a small healthcare / life-sciences pocket.

Interpretation: the market is not yet in a smooth trend-following regime. The rebound is occurring through pullback repair, earnings reactions, and selective rotation rather than broad persistent trend acceleration.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Improved, but still selective

Relative Strength expanded from last week’s extremely narrow list.

This week: DINO, CORT, MANH, AVTR, LAD

Last week: THC, DINO

The expansion is constructive, but leadership remains narrow. DINO remains, showing that energy / refining strength is still present. CORT reflects biotech / healthcare growth strength. MANH and AVTR point to software / supply-chain and life-sciences exposure. LAD adds auto retail / cyclical consumer exposure.

Interpretation: leadership is improving from last week’s defensive extreme, but it is still not broad. The RS screen does not yet show a full return of AI/semiconductor leadership. Instead, leadership is spread across energy, healthcare / biotech, software, life sciences, and auto retail.

6) Event: GapUp — expanded again, showing stronger catalyst response

GapUp expanded further.

This week: MSFT, AMZN, PWR, IQV, IESC, CORT, MANH, AVTR, AXTI

Last week: TMO, THC, SMCI, MEDP, PAG, ARWR, CLF

This is one of the more constructive changes in the screens. Event-driven upside expanded and now includes major technology / platform names (MSFT, AMZN), infrastructure / industrials (PWR, IESC), healthcare / life sciences (IQV, CORT, AVTR), software (MANH), and semiconductor / materials exposure (AXTI).

Interpretation: earnings and company-specific catalysts are starting to matter again in a positive way. This fits the market narrative that late-week technology earnings helped support the rebound. The presence of MSFT and AMZN is especially important because it suggests that mega-cap technology is no longer purely a source of pressure.

7) Low Float + Increased Volume: Expanded — short-term flow activity strengthened

Low Float + Increased Volume expanded meaningfully.

This week: ARXS, H, IESC, MAIR, WMG, ERIE, GSAT, LINE, WLK, PPC, LOAR, MWH, PSN

Last week: TMUS, CBRS, LVS, PAG, SMMT, BEPC

The list is broader and more active. It includes biotech / healthcare (ARXS), lodging / travel (H), infrastructure / industrials (IESC, LOAR, MWH, PSN), media / entertainment (WMG), insurance / financials (ERIE), satellite / communications (GSAT), real estate / housing-related exposure (LINE), chemicals / materials (WLK), and consumer / food (PPC).

Interpretation: short-term flow participation strengthened. This is not a pure speculative technology chase, but the increase suggests that risk appetite and tactical trading activity improved compared with last week.

8) Institutional Buying: Stable and broad — accumulation remains supportive

Institutional Buying remains broad and stable.

This week includes: DVN, MDLN, GFS, FCNCA, ECHO, IOT, CDE, DOCN, FIG, COKE, BTSG, DPZ, DOCU, BROS, BMNR, LTH, SIRI, SARO, PSKY, PTGX, NCLH, CHRD, APLD, POOL, INGM, CLF, KRMN, FIGR, VSNT, RGTI, AXTI, FLY

This list remains very similar to prior weeks. Last week’s report also emphasized that Institutional Buying stayed broad and stable, suggesting that longer-horizon accumulation had not broken down despite short-term market pressure.

Interpretation: institutional sponsorship remains a stabilizing force. The market has been volatile, but this screen does not show broad institutional abandonment. That supports the view that recent weakness has been more about rotation, positioning, and AI/CapEx uncertainty than structural deterioration.

9) Surprise (Earnings Momentum): Stable, with PWR and PTCT added

The Surprise screen remains stable and slightly expanded.

This week: MU, SNDK, PWR, BE, STRL, IONQ, RRC, SNEX, IONS, JOBY, ECG, MRCY, PTCT

Last week: MU, SNDK, BE, STRL, EVR, IONQ, RRC, VIRT, SNEX, JOBY, ECG, MRCY

The continued presence of MU and SNDK remains important. Even though AI/semiconductor price action has been volatile, parts of the memory / storage ecosystem continue to show earnings momentum support. PWR is also notable because it appears in both Pullback and GapUp, reinforcing infrastructure / power-related strength.

Interpretation: earnings momentum remains intact. The market’s volatility around AI and technology still looks more like valuation, CapEx, free cash flow, and positioning concerns than a collapse in earnings momentum.

10) Fundamental (Return to Profitability + Sales Growth): Stable, with several additions

The Fundamental recovery screen remains stable.

This week: TKO, IP, VNOM, TLN, AGNC, HALO, OSCR, VIAV, CHYM, PRMB, COMP, TEM, ALGM, AVAV, TEX, MXL

Last week: WELL, TKO, OMC, IP, TLN, VNOM, MOD, VIAV, HALO, OSCR, PRMB, COMP, CHYM, AVAV, MXL

The list remains similar but with some changes. TEM, ALGM, and TEX were added, while some prior names dropped out. The screen continues to show exposure across media / entertainment, industrials, energy, healthcare, communications, consumer/platform, aerospace/defense, semiconductors, and machinery.

Interpretation: the fundamental recovery pipeline remains intact. This is a supportive background factor for the market. Even if short-term price action remains volatile, the recovery cohort is not deteriorating.

Final takeaway

This week looks like a volatile rebound and repair phase after three weeks of pressure, not a clean broad risk-on breakout. The major indexes rose for the first time in three weeks, helped by stronger late-week technology earnings, but July still ended as a choppy and mixed month. The screens show meaningful improvement: Trend-Follow Pullbacks surged, Contrarian narrowed sharply, GapUp expanded, Low Float activity improved, and Institutional Buying / Earnings Surprise / Fundamental Recovery remained stable. However, the structure is not fully repaired. Breakout is still narrow, ADX remains limited to TECH and APGE, and Relative Strength is still selective rather than broad. The key message is that the market is recovering, but through earnings-driven catalysts, pullback repair, and rotation—not through a broad trend-following expansion. If the rebound is sustainable, the next confirmation should come from broader Breakout, wider RS participation, and an expansion in ADX beyond a few healthcare / life-sciences names.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (07-24-2026)

Market Trends Revealed by This Week’s Quant Screens (07-24-2026)

Note: U.S. equities weakened again during the week of July 20–24. The major indexes finished lower for the week, with the Nasdaq underperforming most clearly and posting its second consecutive weekly decline. Geopolitical risk returned to the center of the market narrative as U.S.–Iran tensions intensified and crude oil prices surged. That revived concerns about inflation pressure and higher long-term yields, weighing on equities broadly. At the same time, concerns about excessive AI-related investment intensified. Earnings from Alphabet and Tesla highlighted rising AI CapEx and weaker free cash flow, pressuring the Magnificent Seven and broader AI-linked leadership. Energy held up relatively well due to higher oil prices, while technology, especially semiconductors and memory stocks, remained weak.

The screens capture this “AI/tech correction + geopolitical/oil shock + sector rotation” regime very clearly. Trend-Follow Pullbacks expanded again, Contrarian remained very large, Breakout reappeared, but not in technology leadership. ADX stayed narrow, while Relative Strength narrowed further and concentrated mainly in THC and DINO. At the same time, GapUp and Low Float + Increased Volume improved, while Institutional Buying, Earnings Surprise, and Fundamental Recovery remained stable. In other words, the market is not breaking down broadly, but leadership has clearly rotated away from AI/semiconductors and toward energy, materials, industrials, defensives, and idiosyncratic catalyst names.

The biggest shifts versus last week (07-17) are:

#1 Trend-Follow Pullbacks expanded: fresh pullback/rebound structures returned in utilities, industrials, transports, insurance, materials, and selected mid-cap names.
#2 Contrarian remained very large: sharp short-term pressure continues inside long-term uptrends, especially across semiconductors, AI infrastructure, industrials, healthcare, and speculative growth.
#3 Breakout reappeared from zero: confirmed new-high + volume setups returned, but leadership is defensive / industrial / materials-oriented rather than technology-led.
#4 ADX stayed narrow: persistent trend strength exists, but only in a small healthcare / life-sciences pocket, not across the broader market.
#5 Relative Strength narrowed further: leadership is now concentrated in THC and DINO, with no broad AI/semiconductor-led strength visible.

1) Pullback (Trend Following): Expanded — fresh dip timing returned outside technology

Trend-Follow Pullback expanded versus last week.

This week: GE, AEP, URI, PSA, CARR, ETR, CNP, CW, EVRG, DTM, VIRT, IDA, MIDD

Last week’s list included: TPR, PPG, PKG, SJM, NEU, LNTH

The expansion suggests that more long-term uptrend names are now entering structured pullback/rebound conditions. However, the composition is important. This is not an AI/semiconductor-led list. It is centered on utilities / power (AEP, ETR, CNP, EVRG, IDA), industrials / equipment / infrastructure (GE, URI, CARR, CW, MIDD), real estate / storage (PSA), energy infrastructure (DTM), and trading / market structure exposure (VIRT).

Interpretation: the market is creating fresh dip timing again, but not through a technology buyback. Instead, pullback/rebound setups are appearing in non-tech areas as capital rotates toward utilities, industrials, energy infrastructure, and defensives amid oil, rate, and AI-capex concerns.

2) Pullback (Contrarian): Still very large — AI/semis and growth stress remains elevated

Contrarian remains very large.

This week: INTC, AMAT, LRCX, TXN, SNDK, WDC, MRVL, GLW, CIEN, COHR, ALAB, FLEX, MCHP, CRDO, TWLO, AFRM, MKSI, MRNA, MTSI, ENTG, SITM, RBRK, TTMI, ONTO, MOH, VICR, VMI, AAL, FROG, WULF, ALGM, FORM, AAOI, IBRX, MXL, KGS, VSH

This remains the most important stress screen. Contrarian captures stocks that still qualify as long-term uptrends but have experienced sharp short-term bearish momentum. The fact that the list remains very large means that many structural winners are still under meaningful short-term pressure.

The composition remains heavily tilted toward semiconductors, AI infrastructure, hardware, and technology supply chains: INTC, AMAT, LRCX, TXN, SNDK, WDC, MRVL, CIEN, COHR, ALAB, MCHP, CRDO, MKSI, MTSI, ENTG, SITM, TTMI, ONTO, VICR, ALGM, FORM, AAOI, MXL, VSH.

This fits the market backdrop well. AI infrastructure and semiconductor stocks remained under pressure as investors reacted negatively to rising AI CapEx, weaker free cash flow, and growing questions around the sustainability of AI investment.

The list also includes software / cloud (TWLO, RBRK, FROG), fintech / high-beta growth (AFRM), healthcare / biotech (MRNA, MOH, IBRX), industrials and materials (FLEX, VMI, KGS), airlines / cyclicals (AAL), and digital-asset exposure (WULF).

Interpretation: internal stress remains elevated, especially in the AI/semiconductor ecosystem. These names are not necessarily structurally broken because they still pass long-term trend filters, but the short-term shakeout remains intense. This can create future opportunity, but it also confirms that investors are becoming more selective and skeptical around AI investment intensity and valuation.

3) Breakout: Reappeared — but leadership is non-tech and more defensive

Breakout reappeared after two consecutive weeks at zero.

This week: MMM, WAB, PKG, PAG, LW, ACT

Last week: no names.

This is a constructive change. Even though the broad market declined, some stocks again produced confirmed new-high + volume setups. However, the composition is not technology-led. It is centered on industrials and materials (MMM, WAB, PKG), auto retail (PAG), consumer / food exposure (LW), and healthcare services (ACT).

Interpretation: the market is not collapsing underneath the surface. While technology and AI-linked names remain weak, capital is rotating into industrials, materials, consumer/services, and defensive areas. Breakout reappearing is positive, but this is not a broad risk-on breakout wave. It is a selective, non-tech-led breakout pattern.

4) Trend Follow (ADX): Still narrow — persistent trends remain limited

ADX remains narrowly populated.

This week: TECH, APGE

Last week: FTNT, TECH, APGE

The list narrowed further to only TECH and APGE, both healthcare / life-sciences / biotech-related names.

Interpretation: persistent, accelerating trend structure is still not broad across the market. Some strong trends exist, but they are concentrated in a very narrow healthcare / life-sciences pocket. This confirms that the market is still in a rotation and digestion phase rather than a smooth trend-following regime.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Narrowed further — leadership is extremely selective

Relative Strength narrowed sharply.

This week: THC, DINO

Last week’s RS list included: PANW, VLO, MPC, OKTA, DINO, APGE, KYMR, PTGX, COMP, PACS

The reduction to only two names is meaningful. DINO remains in the list, reflecting continued relative strength in energy / refining as crude oil surged. THC reflects strength in healthcare services.

Interpretation: leadership is extremely narrow. Only energy/refining and healthcare services are showing strong relative strength. This is not a broad risk-on tape. It is a highly defensive and selective market.

6) Event: GapUp — expanded meaningfully

GapUp expanded from one name last week to a broader list.

This week: TMO, THC, SMCI, MEDP, PAG, ARWR, CLF

Last week: PYPL

This is an important change. Even though the index tape was weak, individual catalyst reactions returned. The list includes life sciences / healthcare (TMO, THC, MEDP, ARWR), AI server / hardware exposure (SMCI), auto retail (PAG), and materials (CLF).

The inclusion of SMCI is interesting. While the broad AI/semiconductor group remains under pressure, selected AI hardware names can still respond positively to catalysts.

Interpretation: the broad tape is weak, but company-specific catalyst reactions are returning. This makes next week’s earnings season especially important.

7) Low Float + Increased Volume: Selectively expanded — short-term flow remains present

Low Float + Increased Volume remained active and selective.

This week: TMUS, CBRS, LVS, PAG, SMMT, BEPC

Last week: MAIR, ARXS, IESC, DRS, ERIE, GSAT, SNDR, LOAR, MWH

The list changed meaningfully. This week includes telecom (TMUS), financial/data exposure (CBRS), casino/consumer cyclicals (LVS), auto retail (PAG), biotech (SMMT), and renewable infrastructure (BEPC).

Interpretation: short-term flow is still present, but it is not broad speculative heat. Investors continue to respond to specific themes and catalysts, but participation remains selective.

8) Institutional Buying: Stable and broad — accumulation remains supportive

Institutional Buying remains broad and stable.

This week includes: DVN, MDLN, GFS, ECHO, FCNCA, IOT, CDE, DOCN, BTSG, COKE, FIG, DPZ, BROS, DOCU, SIRI, SARO, BMNR, LTH, PSKY, NCLH, PTGX, CHRD, APLD, INGM, POOL, CLF, KRMN, FIGR, VSNT, RGTI, FLY, AXTI

The list remains very similar to prior weeks. That stability matters because it suggests that longer-horizon accumulation has not broken down despite the short-term market pressure.

Interpretation: institutional sponsorship remains a stabilizing force. The recent weakness looks more like rotation, positioning adjustment, and macro/geopolitical stress than broad institutional abandonment.

9) Surprise (Earnings Momentum): Stable — earnings winners remain intact

The Surprise screen remains stable.

This week: MU, SNDK, BE, STRL, EVR, IONQ, RRC, VIRT, SNEX, JOBY, ECG, MRCY

This list remains broadly stable. The continued presence of MU and SNDK is important because it suggests that parts of the memory / storage / semiconductor ecosystem still have earnings momentum support, even while price action in AI and semis remains weak.

Interpretation: earnings momentum has not collapsed. The weakness in AI/semiconductor stocks still looks more like a reaction to CapEx, free cash flow, valuation, and positioning concerns than a broad collapse in underlying earnings momentum.

10) Fundamental (Return to Profitability + Sales Growth): Stable — recovery cohort remains intact

The Fundamental recovery screen remains stable.

This week: WELL, TKO, OMC, IP, TLN, VNOM, MOD, VIAV, HALO, OSCR, PRMB, COMP, CHYM, AVAV, MXL

MXL was added this week. Otherwise, the list remains very similar to recent weeks. It continues to include real estate / healthcare, media, industrials, energy, communications, healthcare, consumer/platform, aerospace/defense, and selected technology exposure.

Interpretation: the fundamental recovery pipeline remains intact. This is important. Short-term stress has increased, but the fundamental recovery cohort is not deteriorating.

Final takeaway

This week was a selective risk-off / rotation tape driven by renewed AI/technology weakness, geopolitical risk, and higher oil prices. The major indexes declined, with the Nasdaq particularly weak, as investors questioned AI-related CapEx, free cash flow, and valuation after Mag7 earnings. The screens confirm the pressure: Contrarian remains very large across AI/semiconductor and technology supply-chain names, while Relative Strength narrowed to only THC and DINO. However, this is not a broad market breakdown. Breakout reappeared, GapUp expanded, Institutional Buying remained broad, and Earnings Surprise / Fundamental Recovery stayed stable. Capital is rotating away from crowded AI/semiconductor momentum and toward industrials, materials, healthcare, energy, and idiosyncratic catalyst names. Next week will be critical, with additional Mag7 earnings and FOMC-related events ahead. If the market stabilizes, Breakout, GapUp, and RS breadth should improve. If Contrarian stays very large while RS remains narrow, the AI/tech correction is likely not fully digested yet.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (07-17-2026)

Market Trends Revealed by This Week’s Quant Screens (07-17-2026)

Note: U.S. equities weakened during the week of July 13–17. Geopolitical risk re-emerged as U.S.–Iran tensions intensified again, while AI and semiconductor-related stocks remained under correction pressure. All three major indexes declined for the week, with the Nasdaq underperforming most clearly. Although softer-than-expected inflation data helped ease some Fed tightening concerns, that positive macro input was outweighed by geopolitical uncertainty, sector rotation, and renewed questions about the sustainability of AI investment.

The screens capture this risk-off / rotation regime clearly. Trend-Follow Pullbacks narrowed, Contrarian remained very large, Breakout stayed at zero, ADX remained only narrowly populated, and Relative Strength stayed selective. The market is not showing broad breakdown, because Institutional Buying, Earnings Surprise, and Fundamental Recovery screens remain stable. But the short-term price structure is clearly weaker than last week.

The biggest shifts versus last week (07-10) are:

#1 Trend-Follow Pullbacks narrowed: structured pullback timing remains, but the list is smaller and more defensive / non-tech than last week.
#2 Contrarian remains very large: sharp short-term pressure continues across long-term uptrends, especially semis, hardware, AI infrastructure, industrials, and selected cyclicals.
#3 Breakout stayed at zero: for the second consecutive week, the market produced no broad confirmed new-high + volume setups.
#4 ADX remains narrow: persistent trend strength exists, but only in a small group, not across the market.
#5 Relative Strength remains selective: leadership is narrow and has rotated toward security, energy/refining, biotech, healthcare growth, and selected defensive/consumer names.

1) Pullback (Trend Following): Narrowed — dip timing remains, but the list is smaller and more defensive

Trend-Follow Pullback narrowed versus last week.

This week: TPR, PPG, PKG, SJM, NEU, LNTH

Last week’s list included: AAPL, TXN, APD, FTI, CPAY, DD, IVZ, SEIC, FCFS, VCTR

The smaller list suggests that the market is not producing the same breadth of structured pullback / rebound setups as last week. The composition is also different. This week’s list includes consumer / brand exposure (TPR), chemicals and materials (PPG, NEU), packaging (PKG), food / defensive consumer (SJM), and healthcare / diagnostics (LNTH).

Interpretation: the market is still creating some pullback opportunities inside long-term uptrends, but the opportunity set is narrower and less technology-driven. This looks more like selective defensive / industrial dip timing than broad risk-on recovery.

2) Pullback (Contrarian): Still very large — short-term stress remains widespread beneath the surface

Contrarian remains very large.

This week: MU, INTC, AMAT, LRCX, SNDK, WDC, MRVL, GLW, ELV, BE, CIEN, COHR, ALAB, TER, FLEX, UAL, CRDO, GFS, JBL, MTZ, AFRM, MRNA, MKSI, MTSI, TTMI, GNRC, VICR, SANM, ARWR, AAL, VSAT, ESI, WULF, ALGM, FORM, AAOI, SNEX, IBRX, AGX, LGN, MXL, MRCY, VSH

This remains the most important screen of the week. Contrarian requires long-term bull-trend qualification plus sharp short-term bearish momentum. When the list stays this large, it means many stocks remain structurally strong on a long-term basis, but are being hit hard in the short term.

The composition remains heavily tilted toward semiconductors, AI infrastructure, hardware, and tech supply chains: MU, INTC, AMAT, LRCX, SNDK, WDC, MRVL, CIEN, COHR, ALAB, TER, CRDO, GFS, MKSI, MTSI, TTMI, VICR, SANM, ALGM, FORM, AAOI, MXL, MRCY, VSH.

This fits the week’s market backdrop very well: AI and semiconductor stocks remained under correction pressure, and the Nasdaq led the downside.

The list also includes airlines / cyclicals (UAL, AAL), healthcare / biotech (ELV, MRNA, ARWR, IBRX), industrials and infrastructure (FLEX, JBL, MTZ, GNRC, ESI, AGX, LGN), and speculative / digital-asset-linked exposure (WULF).

Interpretation: this is not a clean risk-on rebound. Short-term stress remains broad, especially in former leadership areas. However, because these names still pass long-term trend filters, the screen is not saying that the entire structure has broken. It is saying that many long-term winners are still in sharp correction / shakeout conditions.

3) Breakout: Stayed at zero — no confirmed new-high breadth

Breakout remained empty for the second consecutive week.

Last week: no names.
This week: no names.

This is an important warning sign. In a healthy, broad risk-on tape, at least some stocks should be making new highs with volume confirmation. The fact that the screen remains blank suggests that investors are not aggressively pushing stocks into confirmed breakout patterns.

Interpretation: the market is not in a breakout regime. Even if some individual groups are holding up, broad upside confirmation is absent. This is consistent with a market dominated by caution, rotation, and correction pressure rather than aggressive risk-taking.

4) Trend Follow (ADX): Still narrow — persistent trend strength exists, but not broadly

ADX remains narrowly populated.

This week: FTNT, TECH, APGE

Last week: APGE, KYMR, PTGX

The list remains small, but the composition changed slightly. APGE stayed, while FTNT and TECH entered. This suggests that some persistent trend strength exists in cybersecurity / enterprise security (FTNT) and healthcare / biotech / life sciences (TECH, APGE).

Interpretation: trend persistence has not disappeared, but it is still very narrow. The market is not showing broad, accelerating trend leadership. The strongest trend structures are concentrated in a few defensive growth / healthcare / security names.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Still selective — leadership rotated toward security, energy, biotech, and defensives

Relative Strength remains selective.

This week includes: PANW, VLO, MPC, OKTA, DINO, APGE, KYMR, PTGX, COMP, PACS

Last week’s RS list included: HOOD, RVMD, AFRM, APGE, KYMR, COMP, SYRE

The list expanded modestly, but leadership remains narrow. The composition is important. Cybersecurity / software appears through PANW and OKTA. Energy and refining appear through VLO, MPC, DINO. Biotech / healthcare growth remains present through APGE, KYMR, PTGX. Consumer / platform and healthcare services appear through COMP, PACS.

The absence of broad semiconductor and AI infrastructure names from the RS list remains notable. Even though those themes remain structurally important, they are not currently dominating the strongest relative strength screen.

Interpretation: leadership exists, but it is not broad and not AI/semiconductor-led. The market is rotating toward more defensive, energy-linked, healthcare, and security-oriented leadership.

6) Event: GapUp — one name only

GapUp remains very quiet.

This week: PYPL

Last week: BBIO

Event-driven upside remains limited. The single name, PYPL, suggests some catalyst response in payments / fintech, but this is not a broad earnings or event-driven acceleration tape.

Interpretation: the market is not being powered by widespread gap-up reactions. With earnings season starting, this screen will be important to watch next week.

7) Low Float + Increased Volume: Expanded — short-term flow is returning selectively

Low Float + Increased Volume expanded meaningfully.

This week: MAIR, ARXS, IESC, DRS, ERIE, GSAT, SNDR, LOAR, MWH

Last week: VG, PSKY, LEVI

This expansion suggests that short-term supply/demand pressure and volume participation are returning in selected names. The composition is mixed: infrastructure / industrials (IESC, DRS, LOAR, MWH), insurance / financials (ERIE), transportation / logistics (SNDR), satellite / communications (GSAT), and smaller-cap growth / special situations (MAIR, ARXS).

Interpretation: flow activity is warming up, but it is selective rather than speculative across the whole market. This does not yet look like a broad low-float mania, but participation is more active than last week.

8) Institutional Buying: Stable and broad — accumulation remains supportive

Institutional Buying remains broad and stable.

This week includes: MDLN, DVN, GFS, ECHO, FCNCA, IOT, CDE, BTSG, FIG, DOCN, COKE, BROS, DPZ, DOCU, SIRI, PSKY, BMNR, LTH, PTGX, SARO, NCLH, POOL, APLD, CHRD, INGM, FIGR, KRMN, CLF, VSNT, RGTI, FLY, AXTI

This list remains very similar to prior weeks. That stability is important. It suggests that longer-horizon accumulation has not broken down, even though the short-term market has turned weaker.

Interpretation: institutional sponsorship remains a constructive background factor. The market is under pressure, but there is no evidence from this screen of broad institutional abandonment.

9) Surprise (Earnings Momentum): Stable — earnings winners remain intact

The Surprise screen remains stable.

This week: MU, SNDK, BE, FIX, STRL, EVR, IONQ, VIRT, SNEX, JOBY, ECG, MRCY

This list has changed very little. MU and SNDK remain important because they show that parts of the memory / storage / semiconductor ecosystem still have earnings support, even though the price action in AI and semis has been volatile.

Interpretation: earnings momentum remains intact. The market’s pressure on AI and semiconductor stocks still looks more like valuation, positioning, rotation, and macro/geopolitical stress than a collapse in underlying earnings momentum.

10) Fundamental (Return to Profitability + Sales Growth): Stable — recovery cohort remains intact

The Fundamental recovery screen remains stable.

This week: WELL, TKO, OMC, IP, TLN, VNOM, MOD, VIAV, HALO, PRMB, COMP, OSCR, CHYM, AVAV

This list is almost unchanged from last week. It continues to include real estate / healthcare, media, industrials, energy, communications, healthcare, consumer/platform, and aerospace/defense exposure.

Interpretation: the fundamental recovery pipeline remains intact. This is an important stabilizing factor. The market is under short-term pressure, but the fundamental recovery cohort is not deteriorating.

Final takeaway

This week looks like a renewed correction / rotation phase rather than a broad market breakdown. The major indexes weakened, led by Nasdaq pressure, as geopolitical risk re-emerged and AI / semiconductor names continued to correct. The screens confirm that internal stress remains high: Contrarian stayed very large, Breakout remained at zero, and Trend-Follow Pullbacks narrowed. At the same time, the market is not structurally broken: Institutional Buying remains broad, Earnings Surprise is stable, Fundamental Recovery remains intact, and Relative Strength still exists in selected groups such as cybersecurity, energy/refining, biotech, and healthcare growth. Overall, the market is digesting a renewed AI/tech correction and geopolitical shock through sector rotation. Next week’s earnings season will be critical: if the correction stabilizes, Breakout, GapUp, and RS breadth should begin to expand; if not, the absence of Breakout and the persistent size of Contrarian will remain key warning signals.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (07-10-2026)

Market Trends Revealed by This Week’s Quant Screens (07-10-2026)

Note: U.S. equities traded firmly during the week of July 6–10. The S&P 500 and Nasdaq both advanced on the week, helped by a rebound in technology and AI-related stocks, while the Dow showed more consolidation near its highs. The market’s focus is shifting toward the upcoming full earnings season, beginning with banks and other large companies next week. Volatility remains present, but the tone was generally buy-biased despite the typical summer slowdown.

The screens, however, show a more nuanced picture than a simple “AI recovery rally.” Trend-Follow Pullbacks expanded, suggesting that structured dip opportunities are still appearing in long-term uptrends. Contrarian remained extremely large, confirming that many long-term winners are still experiencing sharp short-term pressure. Breakout disappeared, which means the rally has not yet translated into broad confirmed new-high setups. ADX reappeared, but only in a small biotech-heavy group. Relative Strength narrowed sharply, suggesting that leadership is still selective rather than broad.

The biggest shifts versus last week (07-03) are:

#1 Trend-Follow Pullbacks expanded: more long-term uptrend names are showing pullback/rebound structures, including technology, semis, communications, financials, and industrials.
#2 Contrarian stayed very large: short-term bearish momentum remains widespread inside long-term uptrends, especially in semis, hardware, tech, industrials, and selected high-beta names.
#3 Breakout collapsed to zero: despite the index rebound, confirmed new-high + volume setups disappeared this week.
#4 ADX reappeared, but narrowly: persistent trend strength returned in a small biotech-focused group.
#5 Relative Strength narrowed sharply: leadership is still present, but far less broad than last week, concentrated in fintech, biotech, healthcare growth, and selected consumer/platform names.

1) Pullback (Trend Following): Expanded — selective dip timing remains active

Trend-Follow Pullback expanded versus last week.

This week: CSCO, SNDK, ADI, EQIX, CIEN, LITE, F, SUNB, WCC, ONTO, KEX, CRUS, AVT, SLAB, INGM, LEA, NOVT

Last week’s list included: AAPL, TXN, APD, FTI, CPAY, DD, IVZ, SEIC, FCFS, VCTR

The expansion suggests that the market is still producing structured pullback entries inside long-term uptrends. Importantly, this is not a narrow defensive list. It includes networking and enterprise tech (CSCO), memory/storage and semis (SNDK, ADI, ONTO, CRUS, SLAB), optical/communications equipment (CIEN, LITE), real estate/data-center related exposure (EQIX), autos/industrials (F, LEA, NOVT), distribution and electrical supply (WCC, AVT), shipping/transport (KEX), and financial infrastructure (INGM).

Interpretation: the market is not simply breaking out cleanly. Instead, it is still creating pullback/rebound structures across multiple sectors. The presence of semis and tech-related names suggests that parts of the AI/technology complex are rebounding, but still from a pullback condition rather than a clean momentum breakout.

2) Pullback (Contrarian): Still very large — short-term stress remains widespread beneath the surface

Contrarian remains very large.

This week: MU, INTC, LRCX, KLAC, SNDK, MRVL, WDC, GLW, BE, FIX, COHR, TER, KEYS, FLEX, ON, GFS, JBL, MKSI, MTSI, ENTG, STRL, AMKR, TTMI, GNRC, DOCN, MOD, SMTC, IESC, VICR, DY, AEIS, SANM, HUT, WULF, VIAV, LFUS, ESI, AAOI, AAON, SNEX, FORM, AGX, CIFR, POWL, RIOT, CORZ, ECG, NPO, VSH, MYRG, M, AXTI, NVTS

This is again one of the most important screens of the week. Contrarian requires long-term bull-trend qualification plus sharp short-term bearish momentum. When it remains this large, the message is clear: many stocks are still in long-term uptrends, but they are undergoing sharp short-term pullbacks.

The composition remains heavily tilted toward semiconductors, hardware, AI infrastructure, and technology supply chains: MU, INTC, LRCX, KLAC, SNDK, MRVL, WDC, COHR, TER, KEYS, ON, GFS, MKSI, MTSI, ENTG, AMKR, TTMI, SMTC, VICR, AEIS, SANM, VIAV, AAOI, FORM, AXTI, NVTS.

This matters because the market headline says “tech/AI recovered,” but the screen says the recovery is not yet clean. Many names in the same ecosystem are still showing sharp short-term downside pressure inside long-term uptrends.

The list also includes industrials and cyclicals: FLEX, JBL, STRL, GNRC, MOD, IESC, DY, LFUS, ESI, AAON, AGX, POWL, NPO, VSH, MYRG. Digital-asset and speculative tech exposure also remains present: HUT, WULF, CIFR, RIOT, CORZ.

Interpretation: the market is still digesting the prior technology and AI correction. The index rebound does not mean the internal stress has disappeared. Instead, many long-term winners remain in sharp pullback conditions, which can create opportunity, but also indicates that volatility and rotation remain high.

3) Breakout: Collapsed to zero — index strength did not translate into broad new-high confirmation

Breakout fell to zero this week.

Last week’s list included: ABBV, VRTX, ARWR, AHR, FROG, FSS, JBTM, TTAN, TRNO

This week: no names.

This is an important deterioration. The S&P 500 and Nasdaq advanced this week, but the Breakout screen did not confirm broad new-high leadership with volume. That means the rally was more likely driven by rebound, rotation, and relief buying rather than a broad wave of stocks making confirmed new highs.

Interpretation: this is not yet a clean breakout regime. The market rose, but upside confirmation breadth disappeared. That suggests investors are still selective and cautious ahead of earnings season.

4) Trend Follow (ADX): Reappeared — but only in a narrow biotech group

ADX reappeared after being empty last week.

This week: APGE, KYMR, PTGX

Last week: no names.

This is a constructive change, but the list is very narrow. All three names are healthcare/biotech-related, which means persistent trend strength has returned, but not broadly across the market.

Interpretation: trend persistence is beginning to reappear, but only in a small pocket. This is not yet a broad trend-following market. The strongest persistent trends are concentrated in biotech/healthcare growth rather than in the broader AI/semiconductor complex.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Narrowed sharply — leadership is selective, not broad

Relative Strength narrowed significantly.

This week includes: HOOD, RVMD, AFRM, APGE, KYMR, COMP, SYRE

Last week’s list was much broader and included PANW, HOOD, AXON, UAL, MRNA, AFRM, GH, SN, OC, BROS, AAL, MOH, KRYS, APGE, CORT, OSCR, COMP, LTH, TGTX, HIMS, IMVT, LOAR, RSI.

The narrowing is meaningful. Even though the market rose this week, fewer names passed the RS screen. Leadership is now concentrated in fintech/trading and consumer platform exposure (HOOD, AFRM, COMP) and biotech/healthcare growth (RVMD, APGE, KYMR, SYRE).

The absence of many prior AI/semiconductor leaders from the RS list remains important. The AI/tech rebound helped the indexes, but the strongest relative strength is not yet broadly returning to semis and AI infrastructure.

Interpretation: leadership exists, but it is narrow. The market is not yet showing broad participation across major leadership groups. This supports the idea of a selective rally rather than a full risk-on expansion.

6) Event: GapUp — one name only

GapUp remained very quiet.

This week: BBIO

Last week: AVAV

Event-driven upside remains limited. This is notable because the market is approaching earnings season. If earnings reactions become strong next week, this screen should start expanding.

Interpretation: this week’s rally was not driven by broad catalyst gaps. The market is rising more through rebound and positioning repair than through a wave of company-specific event acceleration.

7) Low Float + Increased Volume: Expanded modestly — short-term flow is present, but not hot

Low Float + Increased Volume expanded from one name to three names.

This week: VG, PSKY, LEVI

Last week: DRS

This is a modest improvement, but still far below the larger lists seen in prior weeks.

Interpretation: speculative or short-term flow activity is present, but still contained. This is not a low-float melt-up or aggressive speculative chase.

8) Institutional Buying: Stable and broad — accumulation remains supportive

Institutional Buying remains broad and stable.

This week includes: MDLN, DVN, GFS, ECHO, FCNCA, IOT, CDE, BTSG, DOCN, COKE, CART, BROS, FIG, PSKY, DPZ, SIRI, DOCU, SARO, LTH, NCLH, APLD, BMNR, PTGX, POOL, INGM, FIGR, CHRD, KRMN, SNDR, CLF, RGTI, VSNT, FLY, AXTI

This list remains very similar to prior weeks. That stability is important because it suggests that longer-horizon accumulation has not broken down despite continued short-term rotation and volatility.

Interpretation: institutional sponsorship remains a constructive background factor. Even though Breakout collapsed and RS narrowed, longer-term ownership trends still appear supportive.

9) Surprise (Earnings Momentum): Stable — earnings winners remain intact

The Surprise screen remains stable.

This week: MU, SNDK, BE, FIX, STRL, IONQ, EVR, VIRT, SNEX, JOBY, ECG, MRCY

This list has changed very little. The continued presence of MU and SNDK remains important because it suggests that parts of the memory/storage and semiconductor ecosystem still have earnings support, even though price momentum has been volatile.

Interpretation: earnings momentum remains intact. The market’s recent instability in AI and semiconductors looks more like positioning, valuation, and rotation pressure than a collapse in earnings fundamentals.

10) Fundamental (Return to Profitability + Sales Growth): Stable — recovery cohort remains intact

The Fundamental recovery screen remains stable.

This week: WELL, TKO, OMC, IP, TLN, VNOM, MOD, VIAV, OSCR, HALO, PRMB, COMP, CHYM, AVAV

This list is almost unchanged from last week. It continues to include real estate/healthcare, media, industrials, energy, communications, healthcare, consumer/platform, and aerospace/defense exposure.

Interpretation: the fundamental recovery pipeline remains intact. This provides an important stabilizing base under the market, even while short-term leadership remains narrow and rotational.

Final takeaway

This week looks like a firm but still selective rebound, not a broad confirmed risk-on breakout. The S&P 500 and Nasdaq rose as AI and technology sentiment improved, but the screens show that the internal structure remains mixed. Trend-Follow Pullbacks expanded, Contrarian stayed extremely large, Breakout collapsed to zero, and Relative Strength narrowed sharply. That means many long-term winners are still in sharp short-term pullback conditions, and the market has not yet produced broad new-high confirmation. At the same time, ADX reappeared in a small biotech group, Institutional Buying remains broad, and earnings/fundamental recovery screens remain stable. Overall, the market is improving, but through selective rebound and rotation rather than broad trend acceleration. Next week’s earnings season will be important: if the rally is real, Breakout, GapUp, and RS breadth should begin to expand again.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (07-03-2026)

Market Trends Revealed by This Week’s Quant Screens (07-03-2026)

Note: U.S. equities traded in a selective-strength regime during the holiday-shortened week ending July 3. The market continued to digest the late-June technology and AI/semiconductor correction, while rotation remained active beneath the surface. With the U.S. market closed on Friday for Independence Day, this week’s screens reflect activity through Thursday, July 2. The key macro nuance is that weaker labor-market data in early July may begin to shift expectations around Fed policy, potentially easing some pressure from the interest-rate side. Still, the tape is not a clean broad risk-on rally. It is better described as a selective market: some former technology leaders remain under pressure, while defensive growth, healthcare, financials, consumer, and selected industrial/cyclical names continue to attract relative strength.

The screens capture this mixed regime clearly. Trend-Follow Pullback stayed active and expanded slightly, showing that new pullback timing remains available inside long-term uptrends. Contrarian surged dramatically, confirming that short-term stress has broadened, especially across semiconductors, hardware, materials, and selected high-beta technology. Breakout stayed active but narrowed versus last week, while ADX remained empty, showing that persistent trend leadership is still not broad enough to meet the strict trend-continuation filter. Relative Strength remains large, but the composition has shifted sharply away from the prior AI/semiconductor core and toward a more defensive and rotational leadership mix.

The biggest shifts versus last week (06-26) are:

#1 Trend-Follow Pullbacks remained active and expanded modestly: fresh “buyable dip” structures continue to appear in selected long-term uptrends.
#2 Contrarian surged sharply: short-term bearish momentum inside long-term uptrends expanded across semis, hardware, materials, industrials, and high-beta technology.
#3 Breakout narrowed but remained active: confirmed new-high + volume setups continue, but leadership is more selective and less broad than last week.
#4 ADX remained at zero: persistent, accelerating trend leadership is still absent under the strict ADX screen.
#5 Relative Strength remains large, but leadership rotated: prior AI/semiconductor dominance faded, while security, fintech, healthcare, consumer, aerospace/defense, airlines, and selected growth names gained relative leadership.

1) Pullback (Trend Following): Stayed active — selective dip timing remains available

Trend-Follow Pullback remained active and expanded slightly versus last week.

This week: AAPL, TXN, APD, FTI, CPAY, DD, IVZ, SEIC, FCFS, VCTR

Last week’s list included UNP, ULS, VTRS, CF, WPC, DINO, LINE, TFX, NOVT. This week, the list changed meaningfully, showing that the pullback window is rotating rather than disappearing.

The composition is notable. This week includes large-cap technology and semiconductors (AAPL, TXN), chemicals and materials (APD, DD), energy services (FTI), payments / fintech infrastructure (CPAY), asset management and financial services (IVZ, SEIC, VCTR), and specialty finance / consumer services (FCFS).

Interpretation: the market is still producing structured pullback entries, but not through a broad panic reset. Instead, dip timing is rotating across sectors. The presence of AAPL and TXN is especially important because it suggests that even large-cap technology is now entering pullback/rebound structures after recent weakness.

2) Pullback (Contrarian): Surged — short-term stress broadened sharply beneath the surface

Contrarian expanded dramatically this week.

This week: SNDK, MRVL, QCOM, WDC, SCCO, FCX, COHR, MPWR, LITE, HPE, KEYS, NUE, MCHP, GFS, ON, STLD, FTAI, MTSI, STRL, SNX, AMKR, AKAM, TTMI, SITM, WCC, DOCN, VICR, MOD, AEIS, HUT, LFUS, WULF, VIAV, ARW, AAOI, FORM, POWI, CAVA, AAON, LGN, RIOT, CIFR, ECG, VSH, CORZ, AXTI, NVTS

This is the most important screen of the week. Contrarian requires long-term uptrend qualification plus sharp short-term bearish momentum. When the list becomes this large, it means many stocks remain structurally strong on a long-term basis but are being hit hard in the short term.

The composition is highly concentrated in semiconductors, hardware, AI infrastructure, and high-beta technology: SNDK, MRVL, QCOM, WDC, COHR, MPWR, LITE, MCHP, GFS, ON, MTSI, AMKR, TTMI, SITM, VICR, AEIS, AAOI, FORM, POWI, AXTI, NVTS. This is consistent with the recent correction in AI/semiconductor leadership.

Materials and industrial cyclicals are also prominent: SCCO, FCX, NUE, STLD, FTAI, STRL, WCC, ARW, VSH. Digital-asset and speculative technology names also appear: HUT, WULF, RIOT, CIFR, CORZ.

Interpretation: this is not a calm rotation. It is a broad short-term repricing of former leaders and cyclicals. However, because these names still pass long-term uptrend filters, the screen is not saying the entire structure has broken. It is saying that many long-term winners are currently in sharp pullback conditions.

3) Breakout: Narrowed but remained active — confirmation still exists, but breadth is more selective

Breakout remained active, though it narrowed compared with last week.

This week: ABBV, VRTX, ARWR, AHR, FROG, FSS, JBTM, TTAN, TRNO

Last week’s Breakout list was broader and included ABBV, VRTX, NTRA, CNP, DRI, GH, AYI, TECH, LTH, RHP, CDP, MIRM, AROC. This week, ABBV and VRTX remain, while the rest of the list rotated.

The composition remains defensive and selective. Healthcare and biotech continue to lead: ABBV, VRTX, ARWR. Real estate / REIT exposure appears through AHR and TRNO. Enterprise software returns through FROG. Consumer / industrial and specialty names appear through FSS, JBTM, TTAN.

Interpretation: breakout confirmation has not disappeared, which is constructive. However, it is no longer broad enough to describe the market as a strong breakout regime. The market is still rewarding selected names, especially healthcare, real estate, software, and industrial/specialty stocks, but the breadth of upside confirmation is narrower.

4) Trend Follow (ADX): Still zero — persistent trend leadership remains absent

ADX remained empty this week.

Last week: no names.
This week: no names.

This is a continuation of last week’s message. Despite the presence of Breakout names and a large Relative Strength list, very few stocks are showing clean, persistent, accelerating trend structure strong enough to pass the strict ADX filter.

Interpretation: the market is not in a smooth trend-following regime. It is rotating, repricing, and digesting. Leadership exists, but it is not yet expressed as broad, persistent trend acceleration.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Still large — leadership rotated away from semis toward defensive growth and selected cyclicals

Relative Strength remains large.

This week includes: PANW, HOOD, AXON, UAL, MRNA, AFRM, GH, SN, OC, BROS, AAL, MOH, KRYS, APGE, CORT, OSCR, COMP, LTH, TGTX, HIMS, IMVT, LOAR, RSI

This is a major composition change. Last week’s RS list still included many AI/semiconductor and memory/storage names such as MU, AMAT, KLAC, SNDK, DELL, MRVL. This week, those names are largely absent from the RS list, which confirms that prior AI/semiconductor leadership has cooled materially.

The new leadership mix is broader and more defensive/rotational. Security and software remain present through PANW. Fintech and trading-related exposure appear through HOOD, AFRM, RSI. Aerospace/defense and airlines show up through AXON, LOAR, UAL, AAL. Healthcare and biotech are prominent: MRNA, GH, MOH, KRYS, APGE, CORT, OSCR, TGTX, HIMS, IMVT. Consumer and cyclical names are also represented through BROS, SN, OC, LTH, COMP.

Interpretation: Relative Strength remains healthy, but the leadership engine has changed. The market is no longer being led primarily by semiconductors and AI infrastructure. It is being led by a more selective mix of defensive growth, healthcare/biotech, security, fintech, aerospace/defense, airlines, and consumer/cyclical names.

6) Event: GapUp — cooled to one name

GapUp narrowed to one name.

This week: AVAV

Last week, GapUp included AYI, TECH, APGE. This week, only AVAV remains.

Interpretation: event-driven upside is limited. The market is not being powered by a broad wave of earnings or catalyst gaps. The single GapUp name, AVAV, also fits the broader theme of aerospace/defense-related strength rather than AI/semiconductor momentum.

7) Low Float + Increased Volume: Collapsed — short-term flow heat cooled sharply

Low Float + Increased Volume collapsed to one name.

This week: DRS

Last week’s list was large and included BAM, CBRS, TW, ULS, IESC, PS, KRYS, GSAT, WLK, IBRX, JAN, PTGX, MWH, LOAR, PACS, PSN.

The collapse from a broad list to only DRS is meaningful. It suggests that short-term speculative flow and low-float volume pressure cooled significantly this week.

Interpretation: risk appetite did not disappear entirely, but the aggressive short-term flow behavior seen last week has faded. This supports the view that the market is selective and rotational, not speculative and broad-based.

8) Institutional Buying: Stable and broad — accumulation remains supportive

Institutional Buying remains broad and stable.

This week includes: MDLN, DVN, GFS, ECHO, FCNCA, IOT, CDE, BTSG, DOCN, COKE, BROS, PSKY, FIG, DPZ, SIRI, SARO, APLD, DOCU, LTH, NCLH, PTGX, BMNR, POOL, KRMN, FIGR, CHRD, SNDR, INGM, RGTI, CLF, VSNT, FLY, AXTI

This list remains very similar to prior weeks. That stability matters because it suggests that longer-horizon accumulation has not broken down despite short-term volatility and the ongoing technology correction.

Interpretation: institutional sponsorship remains a constructive background factor. The market is rotating, but longer-term ownership trends still appear stable.

9) Surprise (Earnings Momentum): Stable — earnings winners remain intact

The Surprise screen remains stable.

This week: MU, SNDK, BE, FIX, STRL, IONQ, EVR, SNEX, VIRT, JOBY, MRCY, ECG

This list has changed very little. MU and SNDK remain on the list, which is important because it suggests that parts of the memory/storage and semiconductor complex still have earnings support even while price momentum has weakened.

Interpretation: earnings momentum remains intact. The market’s weakness in AI/semiconductor leaders still looks more like positioning, valuation, and rotation pressure than a collapse in earnings fundamentals.

10) Fundamental (Return to Profitability + Sales Growth): Stable, with AVAV added — recovery cohort remains intact

The Fundamental recovery screen remains stable.

This week: WELL, TKO, OMC, IP, TLN, VNOM, MOD, VIAV, OSCR, AVAV, HALO, PRMB, COMP, CHYM

The addition of AVAV is notable because it also appears in GapUp, reinforcing the aerospace/defense-related strength in this week’s screens.

The rest of the list remains very similar to prior weeks, including real estate/healthcare, media, industrials, energy, communications, healthcare, and consumer/platform names.

Interpretation: the fundamental recovery pipeline remains intact. This remains a stabilizing force under the market, even as short-term leadership rotates away from AI/semis.

Final takeaway

This week looks like a selective-strength market, not a broad risk-on rebound. The technology and AI/semiconductor correction is still being digested: Contrarian surged across semis, hardware, and high-beta technology, while many prior AI/semiconductor Relative Strength leaders disappeared from the RS list. At the same time, the market is not breaking down broadly. Trend-Follow Pullbacks remain active, Breakout is still populated, Institutional Buying is stable, and earnings/fundamental recovery screens remain intact. The key message is rotation: leadership is moving away from crowded AI/semiconductor momentum and toward healthcare, biotech, security, fintech, aerospace/defense, selected consumer names, and defensive growth. With ADX still at zero and Low Float heat collapsing, this is not yet a strong trend-following or speculative melt-up regime. It is a selective, rotational market digesting a prior technology-led correction while waiting for the next macro signal from labor data, inflation, and Fed expectations.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (06-26-2026)

Market Trends Revealed by This Week’s Quant Screens (06-26-2026)

Note: U.S. equities turned clearly weaker this week, led by a sharp correction in technology stocks, especially AI and semiconductor-related names. The S&P 500 and Nasdaq declined meaningfully for the week, while the Dow Jones held up better and posted a small gain. Easing geopolitical risk around Iran and solid consumer data provided some support, but the market was pressured by concerns that the AI boom had become overheated, combined with caution around the interest-rate environment. The tape was volatile and rotational: investors sold technology and AI-linked leaders while reallocating toward more defensive, healthcare, consumer, and non-tech cyclical areas. The market is now digesting the correction while looking ahead to next week’s PCE inflation data.

The screens capture this shift very clearly. Trend-Follow Pullback reappeared after being zero last week, showing that the tech-led correction created fresh pullback timing in some long-term uptrends. Contrarian remained large, confirming that sharp pullbacks are still occurring beneath the surface. Breakout stayed broad, but the leadership changed: instead of AI/semis dominating, the breakout list shifted toward healthcare, pharma, consumer, utilities, and selected cyclicals. Relative Strength remains large, but the composition is less purely AI/semiconductor-driven than last week. GapUp returned modestly, and Low Float + Increased Volume stayed active, showing that short-term flow activity remains present even as the main index tone weakened.

The biggest shifts versus last week (06-18) are:

#1 Trend-Follow Pullbacks reappeared from zero: the correction created fresh “buyable dip” structures in selected long-term uptrends.
#2 Contrarian stayed large: sharp short-term pullbacks remain active, especially in energy, industrials, transports, semis/tech, and selected growth names.
#3 Breakout remained broad but rotated: new-high + volume confirmation did not disappear, but leadership shifted away from AI/semis toward healthcare, pharma, consumer, and defensive/cyclical names.
#4 ADX disappeared: persistent trend-following leadership weakened sharply, suggesting that strong directional trends are no longer broadly intact.
#5 Relative Strength remains large but less AI-centric: AI/semis remain present, but defensive, healthcare, consumer, and non-tech leadership broadened.

1) Pullback (Trend Following): Reappeared — fresh pullback timing returned after last week’s zero reading

Trend-Follow Pullback rose from zero last week to a new list this week.

This week: UNP, ULS, VTRS, CF, WPC, DINO, LINE, TFX, NOVT

Last week, this screen was empty, which suggested that the prior pullback window had been fully consumed by the rebound. This week, the screen reappeared, meaning that the market correction created new structured pullback opportunities inside long-term uptrends.

The composition is important. This is not a pure AI/semiconductor pullback list. It includes transports and industrials (UNP, NOVT), healthcare and medtech (VTRS, TFX), real estate / income-oriented exposure (WPC, LINE), energy and chemicals (DINO, CF), and testing / certification services (ULS).

Interpretation: the market has moved back into a selective pullback phase. Unlike early June, this does not look like a broad rate-shock reset across many sectors. Instead, fresh dip timing is appearing in a smaller, more diversified group.

2) Pullback (Contrarian): Still large — short-term stress remains active beneath the surface

Contrarian remains meaningfully populated.

This week: SLB, ROST, MPWR, RKLB, ODFL, CRDO, ON, STLD, CASY, HAL, XPO, AKAM, DOCN, RMBS, APA, SAIA, AAOI, MUSA, PL, VSAT

This screen captures stocks that remain in long-term uptrends but have experienced sharp short-term bearish momentum. The list remains large, showing that volatility and two-way action are still significant.

The composition shows the character of the week. Energy and oil-service names remain present (SLB, HAL, APA), reflecting the pressure from lower crude and easing geopolitical risk. Semis / tech and AI infrastructure also remain in the list (MPWR, CRDO, ON, AKAM, DOCN, RMBS, AAOI, VSAT), consistent with the week’s tech-led correction. At the same time, transports and industrial cyclicals appear as well (ODFL, XPO, SAIA, STLD), along with consumer names (ROST, CASY, MUSA).

Interpretation: the market is not simply rotating smoothly. It is actively repricing former leaders and cyclicals. The fact that Contrarian remains large suggests that many long-term uptrends are still technically intact, but short-term pressure is meaningful.

3) Breakout: Remained broad — but leadership rotated away from AI/semis

Breakout stayed meaningfully populated.

This week: ABBV, VRTX, NTRA, CNP, DRI, GH, AYI, TECH, LTH, RHP, CDP, MIRM, AROC

This is one of the most important signals of the week. Despite the S&P 500 and Nasdaq declining, confirmed new-high + volume setups did not disappear. However, the composition changed significantly.

Last week’s Breakout list included a more mixed set with technology/storage and semiconductor exposure such as WDC and TER. This week, the list is more defensive and non-tech-heavy: pharma / biotech / healthcare (ABBV, VRTX, NTRA, GH, TECH, MIRM), utilities (CNP), consumer / restaurants (DRI), real estate / lodging (RHP, CDP, LTH), industrial / infrastructure (AYI, AROC).

Interpretation: this is not a broad market breakdown. Instead, it is a rotation away from overheated AI/semiconductor leadership into more defensive, healthcare, consumer, and selected cyclical breakout names. The market is weak at the index level, but underneath the surface, leadership is rotating rather than disappearing.

4) Trend Follow (ADX): Collapsed to zero — persistent trend leadership weakened sharply

ADX fell from a small list last week to zero this week.

Last week: HUM, RS, UNM, CORT
This week: no names.

This is a notable deterioration. Last week, persistent trend leadership had already narrowed significantly. This week, it disappeared entirely under the ADX screen.

Interpretation: strong directional trend persistence is no longer broad enough to pass the strict ADX filter. This fits the week’s volatile rotation: many names are either pulling back, breaking out from different sectors, or consolidating, but few are showing clean, persistent, accelerating trend structure.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Still large — but leadership is less purely AI/semiconductor-driven

Relative Strength remains large.

This week includes: MU, AMAT, KLAC, SNDK, DELL, MRVL, HUM, NTRA, CRS, OKTA, ONTO, BROS, MOH, AAL, APGE, CORT, VIRT, LTH, OSCR, TGTX, COMP, GKOS, HIMS, SYRE, VSXY

The list still contains important AI/semiconductor and infrastructure names: MU, AMAT, KLAC, SNDK, DELL, MRVL, ONTO. However, the list is no longer as dominated by high-beta AI/semiconductor and digital-asset names as last week.

Healthcare and biotech are much more visible this week: HUM, NTRA, MOH, APGE, CORT, OSCR, TGTX, GKOS, HIMS, SYRE. Consumer and cyclical names are also present: BROS, AAL, LTH, VSXY, along with industrial/materials exposure such as CRS.

Interpretation: Relative Strength remains healthy, but leadership is rotating. AI and semiconductors have not disappeared, but they are no longer the only engine. Defensive growth, healthcare, biotech, and selected consumer/cyclical names are gaining relative leadership as technology corrects.

6) Event: GapUp — returned modestly

GapUp returned after being empty last week.

This week: AYI, TECH, APGE

The list is small, but the reappearance matters. It suggests that some names are still responding positively to catalysts even in a weaker index tape.

The composition is also consistent with the broader screen message: industrial / lighting (AYI), life sciences / healthcare tools (TECH), and biotech (APGE).

Interpretation: event-driven upside is not broad, but it is no longer absent. The market is selective: catalysts are being rewarded, but mainly outside the most crowded AI/semiconductor areas.

7) Low Float + Increased Volume: Still active — short-term flow remains present

Low Float + Increased Volume remains active.

This week: BAM, CBRS, TW, ULS, IESC, PS, KRYS, GSAT, WLK, IBRX, JAN, PTGX, MWH, LOAR, PACS, PSN

Last week’s list was also large, but the composition changed. This week includes asset management / financial infrastructure (BAM, TW, PS, JAN), industrial / infrastructure (IESC, MWH, LOAR, PSN), healthcare / biotech (KRYS, IBRX, PTGX, PACS), chemicals (WLK), and communications / satellite exposure (GSAT).

Interpretation: short-term flow activity remains meaningful, but it is not a simple speculative technology chase. Flow is rotating across financials, industrials, healthcare, and selected special situations.

8) Institutional Buying: Stable and broad — accumulation remains supportive

Institutional Buying remains broad and stable.

This week includes: MDLN, DVN, GFS, ECHO, FCNCA, IOT, CDE, DOCN, BTSG, COKE, BROS, APLD, PSKY, DPZ, FIG, NCLH, SIRI, SARO, LTH, DOCU, POOL, BMNR, CHRD, INGM, SNDR, KRMN, RGTI, FIGR, CLF, VSNT, AXTI, FLY

This list remains very similar to recent weeks. That stability is important because it suggests that longer-term accumulation has not disappeared despite short-term market volatility and technology weakness.

Interpretation: institutional accumulation remains a constructive background factor. The market is undergoing rotation and correction, not a broad collapse in sponsorship.

9) Surprise (Earnings Momentum): Stable, with MU added — earnings winners remain intact

The Surprise screen remains stable and now includes MU.

This week: MU, SNDK, BE, FIX, STRL, IONQ, EVR, SNEX, VIRT, JOBY, ECG, MRCY

The addition of MU is notable because memory and semiconductor earnings momentum remain important even as AI/semiconductor stocks correct. SNDK also remains in the list, reinforcing the idea that parts of the memory/storage theme still have strong earnings support.

Interpretation: earnings momentum remains intact. The market’s weakness looks more like valuation compression, overheating correction, and rotation than a collapse in earnings fundamentals.

10) Fundamental (Return to Profitability + Sales Growth): Stable — recovery cohort remains intact

The Fundamental recovery screen remains stable.

This week: WELL, TKO, OMC, IP, TLN, VNOM, MOD, VIAV, PRMB, OSCR, HALO, COMP, CHYM

This list is essentially unchanged from recent weeks. It continues to include real estate / healthcare, media, industrials, energy, communications, consumer/platform, and healthcare-related names.

Interpretation: the fundamental recovery pipeline remains intact. Even though AI and semiconductor leadership corrected sharply this week, broader fundamental recovery signals have not deteriorated.

Final takeaway

This week looks like a rotation-driven correction rather than a full market breakdown. Technology, AI, and semiconductor leaders corrected sharply, which pulled the S&P 500 and Nasdaq lower, but the screens show that leadership did not disappear: Breakout remained broad, Relative Strength stayed large, Institutional Buying stayed stable, and earnings-momentum names remained intact. The key change is rotation. The market moved away from overheated AI/semiconductor momentum and toward healthcare, biotech, consumer, utilities, financials, and selected cyclicals. At the same time, ADX collapsed to zero and Trend-Follow Pullbacks reappeared, confirming that trend persistence weakened and fresh pullback timing returned. Overall, the market is digesting an AI-led correction through sector rotation, not entering a broad structural breakdown.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (06-18-2026)

Market Trends Revealed by This Week’s Quant Screens (06-18-2026)

Note: U.S. equities traded firmly during the shortened week ending June 18, supported by easing geopolitical risk, a sharp decline in crude oil prices, and renewed strength in AI/technology leadership. Expectations for a U.S.–Iran agreement and a potential reopening of the Strait of Hormuz helped reduce energy-cost and inflation concerns. The FOMC kept rates unchanged at 3.50–3.75%; although the removal of 2026 rate-cut expectations was initially interpreted as hawkish, the market recovered the next day as investors took comfort in the Fed’s continued focus on price stability. With U.S. markets closed on Friday for Juneteenth, this week’s screens reflect activity through Wednesday, June 18.

The screens show a constructive shift from last week’s stabilization phase. Trend-Follow Pullback has disappeared, suggesting that the broad pullback window created by the early-June correction has largely been consumed. Contrarian pullbacks remain elevated, but they are now concentrated in specific groups rather than reflecting broad market stress. Breakout expanded meaningfully, Relative Strength remains very large and increasingly AI/semiconductor-led, while GapUp activity stayed absent. This points to a market that is improving through leadership rotation and selective breakout confirmation, rather than a broad speculative melt-up.

The biggest shifts versus last week (06-12) are:

#1 Trend-Follow Pullbacks collapsed to zero: last week’s remaining “buyable dip” structures have largely been absorbed by the rebound.
#2 Contrarian remains elevated: sharp short-term pullbacks are still present, especially in energy, semis/tech, and speculative growth, but this now looks more like rotation than broad risk-off.
#3 Breakout expanded strongly: confirmed new-high + volume setups returned in a more meaningful way, led by storage/semis, industrials, biotech, and select cyclicals.
#4 ADX narrowed further: persistent trend leadership remains, but in a smaller and more selective group.
#5 Relative Strength remains very large: AI infrastructure, semiconductors, memory/storage, and high-beta technology remain the core leadership engine.

1) Pullback (Trend Following): Collapsed to zero — the prior pullback window has been consumed

Trend-Follow Pullback fell from a meaningful list last week to zero this week.

Last week’s list included names such as TXN, VZ, PWR, LITE, WBD, KEYS, MCHP, LYV, FTAI, ROKU, ALB, SITM, VIAV, CGNX, VSAT, MYRG, CE, OUT.

This week, no names passed the screen.

This is an important change. In early June, the rate-driven selloff created many structured pullback opportunities inside long-term uptrends. Last week, that list narrowed but remained active. This week, the screen went blank, which likely means that the market rebound has already consumed many of those “buyable dip” setups.

Interpretation: the market is no longer in a pullback-hunting phase. The broad reset from early June has largely been digested, and leadership is moving from “rebound from oversold” toward “confirmed strength and breakout.”

2) Pullback (Contrarian): Still elevated — rotation remains active beneath the surface

Contrarian remains meaningfully populated.

This week: SLB, LITE, HPE, RKLB, CIEN, BKR, OXY, NTAP, SATS, HAL, TWLO, STRL, BG, IONQ, FN, NXT, AKAM, AA, RMBS, OVV

This screen captures stocks that remain in long-term uptrends but have experienced sharp short-term bearish momentum. The list is still large, but the composition has shifted.

A notable feature this week is the presence of energy and oil-service names: SLB, BKR, OXY, HAL, OVV. This likely reflects the sharp crude oil decline after geopolitical risk eased. Lower oil is positive for the broader equity market, but it can pressure energy-linked equities.

The list also includes semis/tech and AI infrastructure names such as LITE, HPE, CIEN, NTAP, AKAM, RMBS, plus speculative growth names such as RKLB, IONQ, TWLO.

Interpretation: short-term pressure remains, but it is no longer a broad market stress signal. Instead, it looks more like rotation: energy is being repriced lower as oil falls, while selected technology and growth names are consolidating after strong moves.

3) Breakout: Expanded meaningfully — confirmation breadth is returning

Breakout expanded from a small list last week to a much broader list this week.

This week: WDC, TER, SUNB, MRNA, AIT, SNEX, MIDD, NPO, KMX, RYTM, PTCT, CACC

This is one of the most constructive changes in the screens. Last week, Breakout had only reappeared from zero. This week, the list expanded meaningfully, indicating that investors are again willing to push selected names into new-high territory with volume confirmation.

The composition is also healthier than last week. It includes technology/storage and semiconductor equipment exposure (WDC, TER), industrials and distribution (AIT, MIDD, NPO), healthcare/biotech (MRNA, RYTM, PTCT), and consumer/credit cyclicals (KMX, CACC).

Interpretation: the market is no longer only repairing. Selective upside confirmation is returning. This is not yet a full-market breakout wave, but it is clearly more constructive than the prior two weeks.

4) Trend Follow (ADX): Narrowed further — persistent trends remain, but leadership is very selective

ADX narrowed again this week.

This week: HUM, RS, UNM, CORT

Last week’s ADX list included FTNT, HPE, HUM, CNC, NTAP, RPRX, RS, CORT. This week, it narrowed to only four names.

The remaining list is mixed: healthcare/managed care (HUM), insurance/financials (UNM), industrial/materials (RS), and biotech/healthcare growth (CORT).

Interpretation: strong trend persistence still exists, but it is no longer broad. This fits a market that is improving through breakout and relative-strength leadership, while fewer names meet the strict ADX trend-continuation filter.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Very large — AI, semis, memory/storage, and high-beta tech remain dominant

Relative Strength remains one of the strongest screens.

This week includes: MU, LRCX, AMAT, KLAC, SNDK, DELL, MRVL, WDC, STX, HOOD, ALAB, TER, HPE, CRDO, NTAP, CRS, ATI, MKSI, ENTG, TTMI, AMKR, OKTA, TLN, SN, FPS, ONTO, WULF, HUT, MOG.A, BROS, CIFR, ALGM, CORZ, QBTS, VSH, BRKR, CORT, TGTX, HIMS, RGTI, VSXY

The core leadership remains clearly technology-driven. Memory/storage and AI infrastructure names are prominent: MU, SNDK, WDC, STX, DELL, MRVL, ALAB, CRDO, NTAP. Semiconductor equipment and supply-chain names are also strong: LRCX, AMAT, KLAC, TER, MKSI, ENTG, ONTO, AMKR.

There is also a strong high-beta technology and digital-asset-related component: HOOD, WULF, HUT, CIFR, CORZ, QBTS, RGTI.

Interpretation: leadership remains powerful and increasingly concentrated in AI infrastructure, semiconductors, memory/storage, and speculative technology. This is a stronger risk-appetite signal than last week, although the absence of GapUp activity suggests that the move is still more rotational and trend-based than event-driven.

6) Event: GapUp — absent again

GapUp is empty this week.

This is notable because the broader market was firm and Breakout expanded. In other words, the market improved without a broad wave of earnings/catalyst gap-ups.

Interpretation: the rally is not being driven by sudden event reactions. It is being driven more by macro relief, lower oil, AI/tech leadership, and technical confirmation in selected names.

7) Low Float + Increased Volume: Expanded — speculative flow is returning, but not explosively

Low Float + Increased Volume expanded sharply versus last week.

This week: RKT, LVS, ULS, ARXS, DRS, CNA, PSKY, ERIE, GSAT, SFD, BOKF, JAN, IMVT, CBC, INGM, ACT, MCY

Last week, this screen had only SATS and CHWY. This week’s expansion suggests that short-term supply/demand pressure is returning in selected names.

However, the list is not dominated by the most speculative micro-cap growth names. It includes financials/insurance (CNA, ERIE, BOKF, CBC, MCY), consumer/cyclical exposure (LVS, SFD), defense/industrial exposure (DRS), and selected growth/biotech names (ARXS, IMVT).

Interpretation: speculative flow is warming up, but this is not yet a broad low-float mania. It is a selective volume expansion across several groups.

8) Institutional Buying: Stable and broad — accumulation remains a supportive foundation

Institutional Buying remains broad and stable.

This week includes: DVN, GFS, MDLN, SATS, FCNCA, IOT, CDE, DOCN, APLD, BTSG, COKE, BROS, PSKY, DPZ, FIG, SIRI, NCLH, SARO, BMNR, DOCU, LTH, POOL, PTGX, CLF, CHRD, RGTI, KRMN, INGM, SNDR, FIGR, AXTI, VSNT, FLY

This list remains very similar to prior weeks. That stability is important: even as short-term leadership rotates, longer-horizon accumulation has not disappeared.

Interpretation: institutional accumulation continues to provide a constructive background. The market’s recent volatility looks more like rotation and digestion than a breakdown in sponsorship.

9) Surprise (Earnings Momentum): Stable — earnings winners remain intact

The Surprise screen remains very stable.

This week: SNDK, BE, FIX, STRL, IONQ, EVR, SNEX, VIRT, JOBY, ECG, MRCY

This list has changed very little over the past several weeks. That consistency suggests that earnings momentum remains a reliable support factor beneath the market.

Interpretation: the market’s leadership is still backed by companies showing strong sales and earnings surprise momentum. This reduces the risk that the recent rebound is purely speculative.

10) Fundamental (Return to Profitability + Sales Growth): Stable — recovery cohort remains intact

The Fundamental recovery screen also remains stable.

This week: WELL, TKO, OMC, TLN, IP, MOD, VNOM, VIAV, PRMB, OSCR, HALO, COMP, CHYM

This list is almost unchanged from last week, showing that the recovery cohort remains intact across real estate/healthcare, media, utilities/power, industrials, energy, communications, and consumer/platform names.

Interpretation: the fundamental recovery pipeline remains supportive. This gives the market a broader foundation, even though short-term leadership is still dominated by AI, semiconductors, and technology.

Final takeaway

This week shows a constructive transition from stabilization to selective upside confirmation: the broad pullback window has been consumed, Breakout has expanded, Relative Strength remains very large and AI/semiconductor-led, and institutional and earnings-momentum screens remain stable. However, GapUp is still absent and ADX has narrowed, so this is not yet a full speculative risk-on melt-up; it is better described as a selective leadership-driven advance, supported by macro relief, lower oil, and renewed confidence in AI/technology earnings strength.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (06-12-2026)

Market Trends Revealed by This Week’s Quant Screens (06-12-2026)

Note: U.S. equities stabilized this week after the early-June correction. The S&P 500 had risen for nine consecutive weeks through May, then suffered a rate-driven pullback in the first week of June. This week, the market settled into a modestly positive tone, helped by easing Middle East risk, lower crude oil pressure, and a rebound in AI/tech after the prior week’s semiconductor selloff. However, Fed tightening concerns remain a headwind after the strong May jobs report, so the tape is not back to a clean “full risk-on” regime.

The screens reflect this stabilization well: last week’s broad pullback window remained present but narrowed, Contrarian pullbacks also stayed elevated but moderated, Breakout reappeared from zero, and Relative Strength remained large. At the same time, GapUp activity stayed very quiet, suggesting that the market is recovering through rotation and repair rather than aggressive event-driven acceleration.

The biggest shifts versus last week (06-05) are:

#1 Trend-Follow Pullbacks narrowed but stayed active: the broad dip window from last week was partially used up, but many trend-qualified names still remain in pullback/rebound structures.
#2 Contrarian stayed elevated but declined: sharp pullbacks inside long-term uptrends are still visible, especially in tech/semis, AI infrastructure, and select speculative growth, but the pressure is less extreme than last week.
#3 Breakout reappeared from zero: new-high + volume confirmation returned, though only in a small group.
#4 ADX narrowed: persistent trend leadership remains, but the leader set is more selective.
#5 Relative Strength remains large: leadership is still identifiable, but it is rotating from pure AI/semis into a broader mix of semis, enterprise tech, healthcare, consumer, and cyclicals.

1) Pullback (Trend Following): Still active, but narrower — the broad reset is being digested

Trend-Follow Pullback narrowed versus last week but remains meaningfully populated.

This week: TXN, VZ, PWR, LITE, WBD, KEYS, MCHP, LYV, FTAI, ROKU, ALB, SITM, VIAV, CGNX, VSAT, LLYVK, MYRG, CE, OUT

Last week, this screen exploded higher as the rate-driven selloff created broad “buyable dip” timing inside long-term uptrends. This week, the list is smaller, which likely means part of that pullback window has already started to be used up by the rebound.

The composition is also notable. The list includes semis / electronics (TXN, LITE, MCHP, SITM, VIAV, CGNX), media / communications (VZ, WBD, ROKU, LLYVK, OUT), infrastructure / industrials (PWR, FTAI, MYRG), and chemicals/materials (ALB, CE).

Interpretation: the market is no longer in the same acute “everything sold off into pullback timing” phase as last week. Instead, the tape is digesting the reset: some names have rebounded, while others remain in structured pullback windows.

2) Pullback (Contrarian): Still elevated — sharp dips remain, but pressure is less extreme

Contrarian declined from last week’s very large list but remains elevated.

This week: AVGO, QCOM, CIEN, RKLB, SATS, CBOE, AKAM, NXT, AA, AUR, PL, VSAT, LUMN, PRAX, ENPH, LUNR, NVTS, FLY

This screen requires both long-term uptrend qualification and sharp short-term bearish momentum. Therefore, the still-large list means the market continues to show sharp pullbacks in names that are not structurally broken.

The composition matters. It includes major semiconductor / tech names (AVGO, QCOM, CIEN, AKAM, NVTS), AI / infrastructure or speculative growth names (RKLB, AUR, PL, LUNR, FLY), and energy / industrial / materials names (NXT, AA, ENPH).

Interpretation: last week’s rate shock is still echoing through leadership, but the pressure is less broad than it was. This looks like a stabilization phase after a sharp reset, not a fresh collapse.

3) Breakout: Reappeared from zero — early confirmation, but not yet broad

Breakout rose from zero last week to a small list this week.

This week: ROKU, KIM, GLXY, AAL, HR

This is a constructive change. Last week, the Breakout screen went completely blank, which was consistent with a macro/rate-driven risk-off move. This week, some confirmed new-high + volume setups are back.

However, the list is still small and mixed: media/streaming (ROKU), REITs (KIM, HR), crypto/financial beta (GLXY), and airlines (AAL). This is not yet a broad technology-led breakout wave.

Interpretation: the market is repairing, and confirmed upside setups have returned, but breakout breadth remains limited. This is early stabilization, not yet a full breakout regime.

4) Trend Follow (ADX): Narrowed — persistent trends remain, but leadership is more selective

ADX narrowed versus last week.

This week: FTNT, HPE, HUM, CNC, NTAP, RPRX, RS, CORT

Last week’s ADX list was broader and included more enterprise / AI infrastructure names. This week, the list is smaller and more mixed: cybersecurity / enterprise infrastructure (FTNT, HPE, NTAP), healthcare / managed care (HUM, CNC, RPRX, CORT), and industrial/materials (RS).

Interpretation: trend persistence did not disappear, but it became more selective. That is consistent with a market that is stabilizing after a pullback, while leadership is rotating rather than expanding uniformly.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Still large — leadership remains intact, but the mix is rotating

Relative Strength remains large.

This week includes: MU, AMAT, KLAC, SNDK, DELL, MRVL, HPE, ALAB, HUM, CRDO, NTAP, CRS, OKTA, GH, MGM, UHAL, CORT, VSH, CLF, LSTR, MRCY, M, CAR, CROX, VSXY

The list still has a clear technology / AI infrastructure core: MU, AMAT, KLAC, SNDK, DELL, MRVL, HPE, ALAB, CRDO, NTAP, OKTA. This supports the view that AI/tech leadership rebounded after last week’s selloff.

But the list also includes healthcare (HUM, GH, CORT), industrials/materials (CRS, VSH, CLF, LSTR, MRCY), and consumer/cyclical names (MGM, UHAL, M, CAR, CROX, VSXY).

Interpretation: leadership remains identifiable, but it is broader and more rotational than a simple “AI/semis only” tape. This is a healthier sign than last week’s rate-shock selloff, though not yet a clean broad risk-on expansion.

6) Event: GapUp — very quiet

GapUp declined to only one name.

This week: NUVL

This is an important contrast with prior risk-on weeks, when GapUp lists were much larger. The market stabilized this week, but not through a wave of earnings/catalyst gaps.

Interpretation: the rebound is not strongly event-driven. It looks more like macro relief + rotation + technical repair.

7) Low Float + Increased Volume: Still contained

This week: SATS, CHWY

Low-float / volume behavior remains limited, though it rose slightly from last week.

Interpretation: speculative heat is still contained. This is not a broad low-float melt-up environment.

8) Institutional Buying: Stable and broad — slow accumulation remains supportive

This bucket remains large and broadly stable.

This week includes: DVN, MDLN, GFS, SATS, FCNCA, IOT, CDE, DOCN, COKE, BTSG, APLD, PSKY, DPZ, BROS, FIG, SIRI, BMNR, DOCU, SARO, NCLH, CLF, CHRD, LTH, POOL and others.

Interpretation: longer-horizon accumulation remains a supportive background factor. Even though short-term price action has been choppy, institutional ownership trends continue to show a broad base of accumulation.

9) Surprise (Earnings Momentum): Stable — earnings winners continue to confirm

This week includes: SNDK, BE, FIX, STRL, IONQ, EVR, SNEX, JOBY, VIRT, ECG, MRCY

The earnings momentum list remains very stable versus last week.

Interpretation: earnings surprise remains a live factor. The market’s recent volatility appears more related to rates, positioning, and profit-taking than a collapse in earnings momentum.

10) Fundamental (Return to Profitability + Sales Growth): Stable — recovery cohort remains intact

This week includes: WELL, TKO, OMC, IP, TLN, VNOM, MOD, VIAV, PRMB, OSCR, HALO, CHYM, COMP

This list is almost unchanged from last week.

Interpretation: the fundamental recovery pipeline remains intact. That gives the market a stabilizing foundation even as leadership rotates and macro uncertainty remains.

Final takeaway (one sentence)

This week looks like a post-selloff stabilization and rotation phase: last week’s broad rate-driven reset created many pullback opportunities, and this week those signals narrowed as the market recovered modestly; Breakout reappeared from zero but remains small, GapUp activity stayed quiet, and RS leadership remained broad—suggesting a market that is repairing and rotating, not yet returning to a full, aggressive risk-on breakout regime.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (06-05-2026)

Market Trends Revealed by This Week’s Quant Screens (06-05-2026)

Note: U.S. equities took a clear “risk-off” turn this week. A stronger-than-expected jobs report pushed long-term yields higher and revived concerns about further Fed tightening. That hit duration-sensitive leadership—especially AI/semis—and the Nasdaq led the downside. After nine straight weeks of record highs, profit-taking pressure also intensified.

The screens capture this regime shift very cleanly: broad pullback timing suddenly reappeared, breakout confirmation collapsed, and speculative heat cooled, while core leadership (RS/ADX) stayed concentrated in a set of resilient winners.

The biggest shifts versus last week (05-29) are:

• #1 Trend-Follow Pullbacks surged (0 → large list): the selloff created widespread “buyable dip” timing again inside long-term uptrends.

• #3 Breakout went to zero (13 → 0): new-high confirmation breadth disappeared—classic risk-off behavior.

• #6 GapUp cooled sharply (10 → 5) and #7 Low Float collapsed (8 → 1): event-driven acceleration and short-term flow heat both cooled.

• #4 ADX expanded and #5 RS stayed large: despite the index drawdown, a subset of leaders still shows persistent trend strength and relative outperformance.

1) Pullback (Trend Following): Exploded higher — broad “dip timing” returned across the market

After collapsing to zero last week, Trend-Follow Pullback returned with a very large list this week (PLD, BMY, ETR, BIIB, TPL, NI, SBAC, WWD, LNT, MRNA, CLH, MLI, REG, GL, PNW, FCFS, OGE, KRYS, NNN, FR, IDA, GKOS, APGE, SWX, TGTX, SYRE, PTGX, RSI, etc.).

This is the most important “regime tell” of the week.

Because this screen requires:

• long-term trend qualification, and

• CCI-based oversold/rebound structure,

a big jump usually means: the market sold off broadly enough to create structured pullbacks in many names that still qualify as long-term uptrends.

Interpretation: last week’s rally/rotation depleted pullback timing; this week’s rate-driven selloff replenished it in size. This is what a broad internal reset looks like.

2) Pullback (Contrarian): Expanded further — sharp pullbacks inside bull trends increased

Contrarian remained elevated and expanded vs last week, now including a long list such as:

INTC, GEV, BE, CIEN, LITE, RKLB, FN, SITM, AUR, PL, APLD, CAVA, ENPH, IBRX, MXL, NE, YOU, GKOS, WFRD, PRAX, KGS, LUNR, VAL, AXTI, FLY (and others).

Recall: Contrarian requires bull-trend qualification + sharp short-term bearish momentum. When it expands like this, it suggests:

• pullbacks were not only broad, but sharp enough to trigger the “bear momentum” filter, and

• the drawdowns are hitting leaders and former leaders, not just weak laggards.

Interpretation: this was a more violent two-way week than the prior “risk-on rotation” profile—the market is shaking out leadership, not simply rotating gently.

3) Breakout: Collapsed to zero — confirmation breadth disappeared

Breakout went from a strong list last week → 0 names this week.

That is a clean signal: in a healthy risk-on tape, you typically see at least some “new highs + volume confirmation” show up. When it goes blank, it means:

• investors are not pushing names into fresh confirmed highs, and

• even strong stocks are not launching—they are either pulling back or consolidating.

Interpretation: this week was not “buy the breakout.” It was risk reduction / de-leveraging / rate shock behavior.

4) Trend Follow (ADX): Expanded — persistent trends still exist, but in a selective leader set

ADX expanded meaningfully, showing a substantial set of names with strong, strengthening trend structure:

CSCO, DELL, MRVL, CRWD, FTNT, DDOG, HPE, NUE, ALAB, HUM, NTAP, FROG, CORT, VSH (and others).

This is a key nuance: even though the market went risk-off, trend persistence did not vanish. It concentrated.

Interpretation: the tape weakened, but structural leaders remain structurally strong—suggesting a pullback/rotation regime rather than a full trend breakdown across everything.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Still large — leadership remains identifiable (enterprise/security + select tech)

RS stayed broad and leader-heavy, including:

MU, CSCO, DELL, MRVL, PANW, CRWD, FTNT, HPE, RKLB, ALAB, HUM, NTAP, FSLR, AKAM, OKTA, FPS, GH, FROG, BRKR, CORT, VSH, CLF, ENPH, RAL, VSXY, NVTS.

Interpretation: even in a selloff week, “winners” still exist and are clustering into enterprise infrastructure/security and resilient growth pockets, rather than pure high-beta AI momentum.

6) Event: GapUp — cooled (10 → 5)

This week’s GapUps: MRVL, HPE, MGM, TMHC, VSXY.

Interpretation: the market’s motion became less “earnings/catalyst gap-driven” and more macro/rates-driven, which typically compresses GapUp breadth.

7) Low Float + Increased Volume: Collapsed (8 → 1)

Only PPC remains.

Interpretation: speculative flow behavior cooled sharply—consistent with a week where rates rose and risk appetite contracted.

8) Institutional Buying: Expanded — accumulation footprint remains supportive

This bucket stayed large and broadened (DVN, MDLN, GFS, SATS, FCNCA, IOT, DOCN, CDE, COKE, PSKY, FIG, APLD, DPZ, DOCU, BROS, SIRI, NCLH, CLF, CHRD, LTH, INGM, POOL, RGTI, KRMN, SNDR, PTGX, FIGR, AXTI, FLY, etc.).

Interpretation: despite the volatility, longer-horizon accumulation signals remain present, which often acts as a stabilizer after macro-driven drawdowns.

9) Surprise (Earnings Momentum): Expanded — earnings winners continue to show up

This week includes SNDK, BE, FIX, STRL, IONQ, EVR, JOBY, SNEX, VIRT, ECG, MRCY.

Interpretation: earnings momentum remains a live factor even as price action gets more rate-sensitive.

10) Fundamental (Return to Profitability + Sales Growth): Broadening — recovery cohort remains intact

This week includes WELL, TKO, OMC, IP, TLN, VNOM, MOD, VIAV, PRMB, HALO, OSCR, CHYM, COMP.

Interpretation: the fundamental recovery pipeline is still healthy; the week’s weakness looks more like valuation/rate repricing + profit-taking than a collapse in underlying fundamentals.

Final takeaway (one sentence)

This week was a macro-driven risk-off reset: the rate shock and AI-led selloff abruptly recreated broad pullback timing (#1 surged), killed breakout confirmation (#3 to zero), and cooled speculative flow (#7 collapsed), while trend/RS leadership remained visible and concentrated (#4/#5 stayed strong), suggesting a sharp digestion phase rather than a complete breakdown in market structure.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (05-29-2026)

Market Trends Revealed by This Week’s Quant Screens (05-29-2026)

Note: U.S. equities stayed firm this week as expectations rose for an extended U.S.–Iran ceasefire and normalization of traffic through the Strait of Hormuz. The screens read less like a “fresh, clean breakout season” and more like a risk-on tape with rotating leadership and event-driven acceleration: pullback timing got depleted, while Contrarian and Breakout setups both surged, and GapUp activity jumped sharply.

The biggest shifts versus last week (05-22) are:

• #1 Trend-Follow Pullbacks collapsed to zero (large list → 0): the prior week’s broad “internal reset” pullback window appears to have been used up by rebound/rotation.

• #2 Contrarian surged (4 → 14): sharp pullbacks inside still-qualified bull trends returned—now clustering into AI/infra + cyclicals, not energy.

• #3 Breakout breadth expanded meaningfully (1 → 13) and #6 GapUp exploded (3 → 10): consistent with an earnings/event-driven market where winners are moving via confirmed breakouts and gaps, not slow grind.

1) Pullback (Trend Following): Dropped to zero — last week’s “broad pullback window” likely already fired

Trend-Follow Pullback fell from a very large list last week → 0 names this week.
This is best interpreted as a timing/depletion effect, not a sudden deterioration.

Last week, the market showed a broad internal reset—many trend-qualified names rotated into structured pullback timing.
This week, those entries largely stopped appearing, which typically happens when:

• many of those names already rebounded out of the pullback window, and/or

• the market shifted from “resetting” to moving higher via events and breakouts.

Interpretation: the “buyable dip timing” was rich last week; this week is the after-effect—fewer fresh pullback entries because many already moved.

2) Pullback (Contrarian): Expanded sharply — pullbacks returned inside bull trends, now led by AI/infra and cyclicals

Contrarian rose from 4 → 14 names.
This week: NVDA, GEV, GLW, VRT, COHR, LITE, FIX, EME, MTZ, CASY, DOW, FN, AUR, MUSA

Because this screen requires long-term bull-trend qualification + sharp short-term bearish momentum, the expansion tells you:

• real, sharp pullbacks returned (not just shallow dips),

• but they are selective, not market-wide.

The composition matters: this is not the old “energy complex” clustering. It looks more like a risk-on leadership tape where even strong leaders (AI/infra, industrial cyclicals, select growth) experienced sharp, tradable pullbacks—consistent with a week that stayed firm overall but had meaningful two-way action.

Interpretation: a constructive, but more volatile regime—leaders are being traded, not just held.

3) Breakout: Expanded (1 → 13) — confirmation breadth returned, led by enterprise tech and infrastructure

Breakout rose from 1 → 13 names.
This week: DELL, IBM, SNOW, HPE, NTAP, MDB, HPQ, OKTA, BBY, MOG.A, QBTS, ESTC, BOX

This is a major improvement versus last week’s “breakout breadth is still thin” profile.
The roster is heavily enterprise infrastructure / software (plus a few idiosyncratic names). That fits a market narrative where risk appetite is supported and capital rotates toward “practical” tech winners.

Interpretation: the market is not only holding up—it is producing confirmed new-high setups with volume, especially in enterprise/infra.

4) Trend Follow (ADX): Expanded modestly — persistent trends are re-accelerating in key leaders

ADX remained constructive (7 → 9 names).
This week: CSCO, DELL, FTNT, DDOG, ALAB, HUM, CNC, ARW, CORT

ADX expanding alongside a breakout surge is a healthy pairing: it suggests the market is not purely headline-driven—some trends are persisting and intensifying.

Interpretation: trend strength is rebuilding in a selective but meaningful set—especially networking/security + enterprise tech.

Reference: “Market temperature checks” (Screens 5–10)

5) Relative Strength (RS): Remains large and tech/AI-infra anchored — with more enterprise names prominent

This week includes:
MU, AMD, ORCL, CSCO, DELL, QCOM, SNDK, PANW, APP, STX, CRWD, FTNT, DDOG, RKLB, ALAB, HPE, FLEX, CRDO, NTAP

Interpretation: leadership remains tech-heavy, consistent with an “AI/semis-led strong tape,” but the mix is broadening into enterprise infrastructure (DELL/CSCO/ORCL/HPE/NTAP).

6) Event: GapUp — exploded (3 → 10), confirming an earnings/catalyst tape

This week: DELL, SNOW, HPE, A, NTAP, EL, DLTR, OKTA, DY, MOD

Interpretation: a big part of market motion is happening via gaps and catalyst reactions, consistent with earnings season and fast leadership rotation.

7) Low Float + Increased Volume: Jumped (2 → 8) — flow participation is back

This week: DELL, GFS, IESC, DRS, LINE, DDS, PSN, VERX

Interpretation: short-term “flow heat” increased notably. This isn’t automatically bearish, but it’s a sign participation is more aggressive than last week.

8) Institutional Buying: Stable — accumulation footprint remains broad

This week includes: DVN, GFS, SATS, FCNCA, IOT, PSKY, COKE, DPZ, DOCU, SIRI, SARO, BROS, KRMN, CHRD, NCLH, LTH, POOL, LOAR, ADT, RITM, LPX, SMR

Interpretation: longer-horizon ownership increases remain a supportive base under the week’s faster price action.

9) Surprise (Earnings Momentum): Stable (8 names) — the same winners keep confirming

This week: SNDK, BE, FIX, IONQ, STRL, EVR, JOBY, VIRT

10) Fundamental: Return to Profitability + Sales Growth: Stable — recovery cohort remains intact

This week: CRWD, WELL, TKO, OMC, IP, TLN, VNOM, MOD, PRMB, HALO, PJT

Final takeaway (one sentence)

This week looks like “firm tape + event-driven acceleration”: the broad pullback-timing window from last week was largely exhausted (#1 to zero), while sharp-but-selective pullbacks reappeared in leaders (#2 surged), breakout confirmation broadened materially (#3 jumped), and GapUp activity spiked (#6), pointing to an earnings/catalyst-led risk-on rotation rather than a slow, uniform uptrend.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (05-22-2026)

Market Trends Revealed by This Week’s Quant Screens (05-22-2026)

Note: U.S. equities stayed firm this week as AI/semis enthusiasm remained resilient and headlines around potential de-escalation (Iran) helped keep risk appetite supported. Importantly, the screens do not read like a “fresh breakout wave.” Instead, they look like a broad market that is still trend-qualified, but rotating and mean-reverting underneath: many names moved into clean pullback timing (#1 surged), while Breakout breadth collapsed again (#3 fell to one). That combination fits a strong tape with ongoing leadership—but with more “resetting” and rotation than synchronized upside thrust.

Below is the week-by-week read vs. prior week (05-15).

1. Pullback (Trend Following): Exploded (5 → large expansion) — broad “buyable dip” timing returned

This week’s Trend-Follow Pullback list expanded dramatically (from a small, transport-heavy set last week to a very large and multi-sector set this week).

This week includes:
KLAC, C, EQIX, USB, MPWR, ROST, GM, DLR, SPG, TER, ETR, JBL, STLD, CFG, CW, KEY, ATI, CRS, BURL, NDSN, MOD, MGM, SIRI, ZION, CRUS, ALGM, EMN, BOKF, CWEN, VLY, UBSI, FLG (and others shown in the table).

What this typically means in practice:

• A large number of trend-qualified stocks (long-term uptrend filters still passing) reached short-term “oversold → rebound” timing (CCI-based pullback window).

• In other words, despite the index-level firmness, the market produced a broad internal reset—many names offered “structured pullbacks” rather than just grinding straight up.

Interpretation: This is a constructive breadth signal, but it’s a pullback-timing signal, not a breakout-thrust signal. It suggests the market is strong enough to keep long-term structure intact, while still generating many tactical entry windows as prices rotate and digest.

2. Pullback (Contrarian): Narrower again (7 → 4) — fewer “sharp dips inside bull trends”

This week: STRL / ALB / MRNA / ALSN
Prior week: broader 7-name set.

Contrarian requires:

• long-term bull trend qualification and

• sharp short-term bearish momentum.

The count tightening implies:

• The tape is not producing many sharp, screen-qualifying drawdowns among trend-qualified names.

• Pullbacks exist (as #1 shows), but they are showing up more as controlled pullbacks than sharp selloffs.

Interpretation: Under-the-surface volatility may exist, but the market’s “damage” is not broad enough to create many deep contrarian dips. That’s consistent with a market that’s being bought on weakness, not breaking down.

3. Breakout: Collapsed again (3 → 1) — still not a broad breakout season

This week: QBTS
Prior week: CSCO / NXT / ARMK

Even in a firm index environment, breakout breadth staying extremely thin signals:

• Leadership is present, but not synchronized across the market into “new highs + volume confirmation” setups.

• The market is advancing more through rotation + selective leadership than a broad “everything breaking out” phase.

Interpretation: This supports the idea of a strong but selective tape—healthy enough to hold up, but not broad enough to ignite a classic breakout wave.

4. Trend Follow (ADX): Contracted (12 → 7) — trends persist, but fewer qualify as “intensifying”

This week: TXN / ELV / DDOG / HUM / CNC / ARW / CORT
Prior week: a larger list (including AMD/INTC/UNH/TXN/STX/etc.).

ADX shrinking while #1 expands is a notable pairing:

• More names are in pullback timing (#1 surge),

• but fewer are in the “trend intensifying” bucket (#4 contraction).

Interpretation: This looks like rotation/digestion inside an uptrend: the market is “resetting” more than accelerating. Persistent trends remain, but the rate of trend strengthening is less broad than last week.

Reference: “Market temperature checks” (Screens 5–10)

5. Relative Strength (RS): Remains large and tech/AI-infra anchored

RS remains broad and still heavily tilted toward:

• semis / networking / security / storage / infra-adjacent leaders

This week includes:
MU, AMD, INTC, CSCO, QCOM, SNDK, PANW, DELL, STX, CRWD, FTNT, BE, DDOG, RKLB, ALAB, HPE, FLEX, GFS, HUM, CNC, MTSI, TWLO, IONQ, STRL, FFIV, AKAM, AUR, SWKS, QBTS, FROG, CORT, S (and others shown).

Interpretation: The leadership complex is still intact and remains tech-heavy—consistent with your market description (AI/semis leadership stays strong), even if participation isn’t translating into broad breakouts (#3).

6. Event: GapUp — rebounded (1 → 3)

This week: EL / QBTS / BIO
After last week’s near-collapse in gap events, a modest rebound suggests:

• catalysts/earnings reactions are still active,

• but not at “fireworks” levels.

Interpretation: Event-driven upside is present again, but the market still looks more rotational than explosive.

7. Low Float + Increased Volume: Cooled further (3 → 2)

This week: GFS / SMMT

Interpretation: Short-term “flow heat” is contained. That’s consistent with a market that can be strong without turning into a broad speculative melt-up.

8. Institutional Buying: Expanded and broadened — accumulation footprint improving

This week’s list broadened materially and spans a much wider set (examples include):
DVN, GFS, SATS, FCNCA, IOT, PSKY, COKE, DPZ, DOCU, SIRI, BROS, KRMN, CHRD, NCLH, POOL, LOAR, ADT, RITM, LPX, SMR (and others shown).

Interpretation: This is one of the more constructive under-the-hood signals: longer-horizon ownership increases appear to be spreading beyond a narrow leadership pocket.

9. Surprise (Earnings Momentum): Healthy and stable-to-broad (8 names)

This week: SNDK / BE / FIX / IONQ / STRL / EVR / JOBY / VIRT

Interpretation: Earnings-momentum winners remain a consistent “support beam.” The set is not exploding in breadth, but it remains meaningfully populated.

10. Fundamental: Return to Profitability + Sales Growth — stable, focused set

This week includes:
CRWD / WELL / TKO / MDB / OMC / TLN / VNOM / IP / PRMB / HALO / PJT

Interpretation: The recovery pipeline remains present, but it is not the market’s main “breadth engine” right now. Price action is being expressed more through leadership/rotation signals (#1/#5/#8) than through a dramatic broadening of recovery candidates.

Final takeaway (one sentence)

This week looks like “strong tape + internal reset”: Trend-follow pullback timing broadened sharply across sectors (#1 surged), while breakout breadth stayed thin (#3 fell to one) and ADX trend-intensification narrowed (#4), implying the market is rotating and refreshing internally—with tech/AI-infrastructure leadership still intact (RS remains broad) and longer-horizon accumulation improving (Institutional Buying broadened).

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (05-15-2026)

Market Trends Revealed by This Week’s Quant Screens (05-15-2026)

Note: U.S. equities stayed in a strong uptrend and kept printing fresh highs through most of the week, led by AI/semis, but the tape became much more two-sided. Rates drifted higher at times, inflation/oil/geopolitics (Iran) added headline volatility, and Friday’s options expiration (with elevated call positioning) coincided with visible profit-taking.
The screens map cleanly onto that narrative: persistent-trend structure (ADX) remained strong / even broadened, but the “risk-on ignition” signals (Breakout, GapUp, low-float flow heat) cooled sharply. In other words, the market didn’t break—it digested, and participation shifted from “broad thrust” toward “selective trend + rotation + de-risking into OpEx.”

Below is the week-by-week read vs. prior week (05-08).

1. Pullback (Trend Following): Slightly narrower (6 → 5) — pullback timing persists, but rotates into transports/consumer cyclicals

This week: ODFL / FN / JBHT / KNX / CZR
Prior week: FDX / GWW / SATS / MRNA / NYT / CDP

After last week’s “broad risk-on expansion” tone, the pullback list didn’t disappear—it rotated. The new set is heavy in transport/logistics (ODFL, JBHT, KNX) plus a consumer/cyclical expression (CZR), rather than the prior week’s more defensive/quality tilt (FDX, GWW, NYT, CDP).

Interpretation: pullback entries still exist inside intact long-term uptrends, but the market is selectively offering dip timing in cyclical pockets rather than throwing off a wide menu of clean setups.

2. Pullback (Contrarian): Narrower (12 → 7) — dips remain, but the “sharp pullback inside bull trends” set is tightening

This week: LNG / TPL / COKE / ALSN / CAVA / ALGM / CE
Prior week: TER / UI / TPL / HUBB / FN / RMBS / ALGN / WLK / COKE / SFD / CAVA / CE

Contrarian requires: (a) long-term uptrend qualification + (b) sharp short-term bearish momentum. The count fell, and the composition shifted away from the prior week’s broader “active churn” list (TER/UI/HUBB/RMBS/ALGN, etc.) toward a more cyclical/energy-adjacent mix (LNG, ALSN, CE) plus a couple of recurring leaders (TPL, COKE, CAVA).

Interpretation: the market is still producing tradable pullbacks, but fewer names are experiencing sharp, screen-qualifying drawdowns. That fits a week where the tape was strong overall but increasingly “two-way,” with selective profit-taking rather than widespread breakdown.

3. Breakout: Collapsed (19 → 3) — the broad “new highs + volume confirmation” thrust cooled hard

This week: CSCO / NXT / ARMK
Prior week: broad list (GLW/DDOG/FLEX/GFS/…/HRB)

This is the most important structural change of the week. Last week looked like a breadth surge; this week, confirmed breakouts compressed dramatically.

Interpretation: consistent with a market that spent the week digesting gains and then saw OpEx-related de-risking into Friday. Index highs can still happen in this environment, but the “many stocks launching together” signature fades.

4. Trend Follow (ADX): Expanded again (10 → 12) — persistent trend structure remains strong

This week: AMD / INTC / UNH / TXN / STX / ELV / NUE / FLEX / MCHP / CNC / ARW / CORT
Prior week: AMD / INTC / UNH / TXN / STX / NUE / RS / SNX / SANM / CORT

ADX expanding while Breakout collapses is a very specific regime combination:

• Breakout breadth cooled (thrust diminished)

• But existing trends stayed persistent (ADX held/expanded)

Interpretation: the market looks more like “trend continuation + consolidation” than “fresh breakout season.” This also matches your description: strong tape, but higher day-to-day variance and profit-taking into key positioning events.

Reference: “Market temperature checks” (Screens 5–10)

5. Relative Strength (RS): Still large and tech-heavy — leadership remains AI/infra-centered

This week includes: MU / AMD / INTC / CSCO / TXN / QCOM / SNDK / PANW / STX / WDC / CRWD / FTNT / BE / DDOG / RKLB / FLEX / ON / ALAB / GFS / HUM

RS stayed broad and remains anchored in semis / networking / security / storage—very consistent with “AI/semis leadership continuing,” even if some mega AI names were choppy.

Interpretation: leadership is still there; it’s just less synchronized into new breakouts than last week.

6. Event: GapUp — collapsed (15 → 1)

This week: CSCO only

A sharp drop in GapUps is typical when the market moves from “earnings/catalyst ignition” into post-event digestion and position management (including OpEx).

7. Low Float + Increased Volume: Collapsed (17 → 3)

This week: VIK / DDS / SAIL

Flow heat cooled dramatically. That’s consistent with profit-taking and reduced chase behavior rather than runaway speculative momentum.

8. Institutional Buying: Slightly broader (19 → 20)

The institutional accumulation list remains large and steady, with a small expansion (adds one name).

Interpretation: despite short-term volatility and Friday’s selling, longer-horizon ownership increases remain supportive underneath.

9. Surprise (Earnings Momentum): Slightly narrower (10 → 9)

This week: SNDK / BE / FIX / TTWO / STRL / IONQ / EVR / JOBY / VIRT
(One name dropped vs. last week’s set.)

Interpretation: earnings-winner breadth is still healthy, but it stopped expanding, which aligns with a week of consolidation rather than a fresh breadth surge.

10. Fundamental (Return to Profitability + Sales Growth): Contracted meaningfully

The “recovery pipeline” list shrank versus last week.

Interpretation: in a very strong index tape led by AI/semis, investors often rotate attention away from slower-burn recovery candidates. The contraction fits a market where leadership is more concentrated and marginal buyers prioritize “what’s working now.”

Final takeaway (one sentence)

This week looks like “strong trend + digestion into OpEx”: ADX trend persistence stayed strong (10 → 12) and tech/infra leadership remained intact (RS stayed large), but the breadth/ignition signals cooled sharply (Breakout 19 → 3, GapUp 15 → 1, Low-Float 17 → 3), consistent with higher volatility and profit-taking into Friday’s option expiration rather than a breakdown of the uptrend.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (05-08-2026)

Market Trends Revealed by This Week’s Quant Screens (05-08-2026)

Note: U.S. equities pushed to fresh all-time highs this week, helped by softer wage pressure in the April jobs report and renewed expectations for lower rates. The screens confirm that this was not a narrow “index-only” move. Instead, breadth expanded sharply: Breakout and ADX surged, GapUp activity jumped, and multiple flow/accumulation buckets broadened. In short, the tape shifted from last week’s “rotation-driven rebound” into a more full-bodied risk-on expansion with broader participation and more confirmed trend structure.

Below is the week-by-week read vs. prior week (05-01).

1. Pullback (Trend Following): Expanded (4 → 6) — pullback timing is returning, even in a strong tape

This week: FDX / GWW / SATS / MRNA / NYT / CDP
Prior week: FTAI / WLK / IONS / EMN

Last week’s note emphasized that “clean pullback entries” were fewer due to a timing/depletion effect. This week, that window reopens modestly: more names are again rotating into the “buyable dip inside a long-term uptrend” timing band.

Interpretation: the market is strong, but it is also creating fresh, tradable pullback setups again—consistent with broader participation rather than a single-theme melt-up.

2. Pullback (Contrarian): Expanded (7 → 12) — real dips are back inside trend-qualified names

This week: TER / UI / TPL / HUBB / FN / RMBS / ALGN / WLK / COKE / SFD / CAVA / CE
Prior week: SCCO / FCX / RGLD / MRNA / BBIO / RMBS / FLS

Contrarian requires (a) long-term bull trend qualification and (b) sharp short-term bearish momentum. The expansion means:

• there are more “sharp pullbacks” happening, but importantly,

• they are still occurring inside names that remain trend-qualified.

Interpretation: this is not a “risk-off deterioration” signal by itself. It’s more consistent with an active, high-participation market where dips appear (often from earnings/catalyst churn), but the underlying uptrend filter still holds for a growing set of names.

3. Breakout: Surged (9 → 19) — confirmation breadth is clearly back

This week includes: GLW / DDOG / FLEX / GFS / MTSI / AKAM / MKSI / SMCI / WMG / LAMR / DVA / LFUS / AAON / ARW / PRMB / FROG / ROAD / AD / HRB
Prior week: STX / SBUX / PWR / VTR / IRM / MTZ / WCC / GNRC / SANM

This is one of the strongest “risk-on improvement” tells: new highs with volume confirmation are appearing across many different business types (software/data, electronics/infra, industrials, services, etc.).

Interpretation: this week looks much closer to a true breadth expansion regime than last week’s “rotation-only” rebound.

4. Trend Follow (ADX): Surged (4 → 10) — persistent trend structure is rebuilding rapidly

This week: AMD / INTC / UNH / TXN / STX / NUE / RS / SNX / SANM / CORT
Prior week: INTC / UNH / SNX / CORT

ADX expanding this sharply suggests that trends are no longer just “point-like.” A larger set of names is now showing persistent, strengthening trends.

Interpretation: this supports the macro backdrop you described (rate relief + tech-led strength), but the key is trend persistence is spreading, not staying narrow.

Reference: “Market temperature checks” (Screens 5–10)

5. Relative Strength (RS): Large and still tech-heavy — leadership remains concentrated in tech/infra, but with breadth

This week includes: MU / AMD / INTC / TXN / QCOM / SNDK / DELL / STX / WDC / FTNT / BE / DDOG / MSTR / RKLB / MCHP / FLEX / ON / GFS / CRDO
Interpretation: leadership remains strongly tech / semis / networking / storage, consistent with “high-tech bid” continuing—while memory/storage still shows up as a core pillar (MU/SNDK/WDC/STX).

6. Event: GapUp — jumped (8 → 15) — earnings/catalyst reactions are driving upside momentum

This week includes: AMD / FTNT / MNST / DDOG / FLEX / WAT / STRL / MDB / AKAM / SMCI / IFF / DVA / AAON / FROG / WSC
Interpretation: this is a classic earnings-season tape: participation broadens and momentum expresses itself via gaps rather than slow grind-ups.

7. Low Float + Increased Volume: Big surge (8 → 17) — flow participation is accelerating

This week includes: DELL / BAM / UI / RKT / GFS / WLK / WMG / LOAR / CACC / AD / KVYO / CRK / VERX / …
Interpretation: short-term flow activity and positioning churn increased materially. It doesn’t automatically mean “overheating,” but it does mean risk appetite and trading activity are rising.

8. Institutional Buying: Expanded (13 → 19) — accumulation footprint is clearly broadening

This week includes: CRWV / MSTR / FERG / RKT / WAT / CRCL / ULS / QXO / BBY / RBRK / AHR / CAVA / PRMB / KRMN / LOAR / CWST / KVYO / CSW / SLG
Interpretation: this is constructive: the rally is not only “fast money.” Slow-moving accumulation signals are widening.

9. Surprise (Earnings Momentum): Expanded (8 → 10) — earnings winners broaden further

This week includes: SNDK / BE / FIX / SPG / TTWO / STRL / IONQ / EVR / JOBY / VIRT
Interpretation: earnings momentum continues to broaden beyond last week, with storage (SNDK) still confirming the rotation theme and additional winners joining.

10. Fundamental (Return to Profitability + Sales Growth): Broad and stable — recovery pipeline remains intact

This week includes: WELL / CRWD / RKT / TKO / NTRA / MDB / DKNG / OMC / TLN / IP / VNOM / PRMB / UWMC / PJT
Interpretation: the recovery cohort stays healthy. Even as leadership rotates, fundamentals remain supportive across a meaningful set.

Final takeaway

This week marks a step-up into broader risk-on participation: pullback timing reopened modestly, Breakout and ADX surged, GapUps and flow signals intensified, and institutional/earnings breadth improved—consistent with a rate-relief tailwind that is now translating into wider, more durable trend structure rather than a narrow rotation-only rally.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (05-01-2026)

Market Trends Revealed by This Week’s Quant Screens (05-01-2026)

Note: U.S. equities rebounded strongly this week. Earnings were broadly solid, selling pressure in core AI-linked names cooled, and leadership rotated toward memory / storage and “AI infrastructure adjacent” areas. The screens reflect this shift clearly: Breakouts returned in size, Relative Strength stayed tech-heavy, and earnings-surprise momentum broadened—especially into storage. At the same time, “clean pullback entries” declined, which is best interpreted as a timing effect after last week’s pullback window was heavily populated and many names already bounced.

1. Pullback (Trend Following): Fewer new “buyable dip” entries — last week’s pullback window likely already fired

“Pullback (Trend Following)” fell from 8 names last week → 4 names this week.
This week: FTAI / WLK / IONS / EMN

This is most consistent with a timing / depletion effect:

• Last week, a large group entered the “clean pullback” zone (good dip-buy timing).

• Many of those names likely already rebounded, reducing the number of new names that freshly enter the same pullback setup this week.

Interpretation: last week was likely a very rich dip-buying environment across many names; this week shows fewer new pullback entries because the prior week’s opportunities were already “used up” by the rebound.

2. Pullback (Contrarian): Reappeared (0 → 7) — dips are back, but the list is selective

“Pullback (Contrarian)” increased from 0 names last week → 7 names this week.
This week: SCCO / FCX / RGLD / MRNA / BBIO / RMBS / FLS

Because Contrarian requires (a) long-term bull-trend qualification + (b) sharp short-term bearish momentum, this means:

• The market is producing real, tradable pullbacks again (not just shallow dips),

• But the drawdowns are not market-wide—they are selective, clustering into commodities/mining and a few idiosyncratic growth/biotech/semis-IP names.

Interpretation: the market is stronger overall, but pullbacks are returning in pockets—consistent with a rotation tape rather than a smooth, uniform uptrend.

3. Breakout: Major return (0 → 9) — confirmation breadth is back

“Breakout” jumped from 0 names last week → 9 names this week.
This week: STX / SBUX / PWR / VTR / IRM / MTZ / WCC / GNRC / SANM

This is one of the clearest “risk-on improvement” signals of the week: new highs with volume confirmation are showing up again, and not just in one theme.

Notably, STX (storage) appearing here fits your market narrative: AI-semiconductor selling cooled, and leadership rotated into memory/storage.

Interpretation: this week looks less like “index-only strength” and more like a market where breakout confirmation breadth is returning.

4. Trend Follow (ADX): Expanded slightly (3 → 4) — persistent trends are rebuilding, still selective

“Trend Follow: ADX” rose from 3 names last week → 4 names this week.
This week: INTC / UNH / SNX / CORT

ADX setups remain point-like (select names rather than broad trend waves), but the direction is constructive.

Interpretation: sustained-trend structure is rebuilding, but still not broad enough to call it a full “trend expansion regime.”

Reference: “Market temperature checks” (Screens 5–10)

5. Relative Strength (RS): Still broad and tech-heavy — storage/memory remains a centerpiece

RS remains large (roughly stable vs last week) and is heavily weighted toward tech / semis / networking / storage:
AMD / INTC / SNDK / STX / WDC / MRVL / MPWR / ON / CRDO / GFS / ALAB / CRWV / …

This aligns directly with your observation that AI leaders paused while memory/storage strengthened (SNDK/WDC/STX/MRVL).

6. Event: GapUp — stays elevated (8 names) — catalysts and earnings reactions remain active

This week: PWR / BE / VEEV / TWLO / TEAM / WCC / GNRC / GKOS

Interpretation: the tape is still being driven partly by event/catalyst jumps, consistent with earnings season and leadership rotation.

7. Low Float + Increased Volume: Big jump (1 → 8) — short-term flow activity is back

This week: H / SMMT / PAG / PPC / KVYO / BEPC / ACT / PSN

Interpretation: speculative/flow behavior increased meaningfully. This does not automatically mean “overheating,” but it does indicate higher short-term participation and positioning churn.

8. Institutional Buying: Stable — slow accumulation persists

The institutional ownership-increase list looks steady and persistent (broadly unchanged):
MSTR / FERG / RKT / WAT / MRNA / ULS / SMMT / WLK / BBY / CAVA / TEM / KRMN / CWST

Interpretation: longer-term accumulation signals remain intact beneath the week’s rotation.

9. Surprise (Earnings Momentum): Expanded (5 → 8) — earnings winners broaden, with storage joining

This week: SNDK / BE / SPG / FIX / TTWO / STRL / EVR / VIRT

The key addition is SNDK, which reinforces the memory/storage rotation theme.

10. Fundamental (Return to Profitability + Sales Growth): Broad and slightly expanding — recovery pipeline stays healthy

This bucket remains broad and appears to add names (e.g., WELL and OMC show up alongside the prior core):
WELL / CRWD / RKT / SYM / AXON / NTRA / LPLA / OMC / MDB / DKNG / IONQ / CELH / KVYO / UWMC

Interpretation: fundamental recovery candidates remain plentiful, which is consistent with a market that can hold gains even if leadership rotates.

Final takeaway (one sentence)

This week looked like a rotation-driven risk-on rebound: last week’s pullback-buy window likely already played out (Trend-Follow pullbacks shrank), while breakout confirmation surged (0 → 9) and RS/earnings momentum broadened into storage/memory, with flow activity returning and fundamental recovery remaining intact.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (04-24-2026)

Market Trends Revealed by This Week’s Quant Screens (04-24-2026)

Note: U.S. equities spent most of the week in a “heavy tape” after last week’s all-time highs, but Friday pushed to new highs again. The screen structure fits that story well: not a clean breakout wave, but a market that absorbed gains, rotated leadership, and quietly rebuilt “buyable pullback” structure—while speculative heat stayed contained.

The biggest shifts versus last week (04-17) are:

• #1 Trend-Follow Pullbacks reappeared (0 → 8): after last week’s fast rally, new “clean pullback” entries are showing up again.

• #2 Contrarian disappeared (15 → 0): the market is no longer producing many “bull trend + sharp short-term drop” setups—consistent with dips being shallow / quickly bought, not cascading.

• #4 ADX returned (0 → 3) and #5 Relative Strength expanded (8 → 20): leadership is broadening again, especially in tech/semis + infrastructure-style winners.

• #6 GapUp expanded (3 → 8): catalysts are back in focus, consistent with a headline / earnings / narrative-driven tape.

1. Pullback (Trend Following): Back from zero — the market is rebuilding “buyable dip” timing

“Pullback (Trend Following)” rose from 0 names last week → 8 names this week.

This week: KO, WMB, VLO, TRGP, PR, DTM, PEN, CWEN

Last week’s 0 reading was best understood as “the dip-buying wave already fired and lifted prices.” This week’s rebound suggests the opposite phase: after several sessions of digestion, more stocks have rotated into fresh pullback windows (within still-intact long-term uptrends).

Interpretation: the market wasn’t offering many new entries last week because price ran too quickly. This week’s “pause / grind” created renewed pullback timing—especially in energy / infrastructure / defensives.

2. Pullback (Contrarian): Collapsed to zero — dips are no longer sharp inside bull trends

“Pullback (Contrarian)” fell from 15 names last week → 0 names this week.

This is a meaningful regime tell, but not bearish by itself. Remember: Contrarian requires (a) long-term bull trend qualification and (b) sharp short-term bearish momentum. A zero reading typically shows up when:

• the market is not producing sharp short-term drawdowns among trend-qualified names, and/or

• pullbacks are too shallow / too quickly bought to meet the “bear momentum” threshold.

Given the week’s “heavy but resilient” index behavior (and Friday’s new highs), the cleanest read is:

Interpretation: the tape is firm enough that selloffs aren’t sharp, and “deep dip” setups are scarce. This is consistent with a grind higher / buy-the-dip behavior, rather than a market under broad stress.

3. Breakout: Still none — index highs are not translating into broad “new-high confirmation” breadth

“Breakout” remains 0 names this week (0 → 0).

Even with Friday’s all-time highs, the screen is not seeing many cases of fresh 63-day highs with strong volume confirmation.

Interpretation: this still looks more like a selective leadership tape (rotation + digestion) than a classic “breakout season” where many stocks are simultaneously launching to new highs with confirmation volume.

4. Trend Follow (ADX): Returned to 3 names — a small set of persistent trends is emerging again

“Trend Follow: ADX” rose from 0 → 3 names.

This week: SNX, TGTX, CORT

After last week’s “headline jump” where ADX went blank, this week shows a modest recovery in persistent, strengthening trends—but still very selective.

Interpretation: trend persistence is reappearing, but in a point-like way: a few names are trending strongly, not the market as a whole.

5. Relative Strength (RS): Expanded sharply — leadership is broadening, led by tech / semis / infrastructure

RS expanded from 8 names → 20 names.

This week includes:
AVGO, AMD, INTC, TXN, SNDK, MRVL, WDC, STX, MPWR, TER, BE, COHR, ON, ALAB, CRDO, GFS, FLEX, RVMD, SNX, RMBS

This is a major shift from last week’s small, narrow RS pocket. The composition is strongly semis / AI infrastructure / networking / storage (plus a few idiosyncratic winners).

Interpretation: while Breakout breadth is still missing, relative leadership is widening, especially in “infrastructure complex” equities—consistent with a market that is healthy enough to reward leaders even if participation is not broad enough for classic breakout signals.

6. Event: GapUp — broadened again (3 → 8)

This week: AMD, INTC, TXN, URI, WST, MAS, BLD, CHE

The jump in GapUps suggests catalyst-driven moves are becoming more common again—often seen in markets where:

• investors are reacting strongly to company-specific news/earnings, and/or

• leadership is rotating quickly and momentum is being expressed via gaps.

Interpretation: the market is not moving as one big trend wave; it is moving via events and leader rotation.

7. Low Float + Increased Volume: Still quiet (3 → 1)

This week: LVS only.

Interpretation: speculative “low-float melt-up” behavior remains contained. That supports the idea that this is not a runaway speculative regime, even though indexes are pressing highs.

8. Institutional Buying: Expanded (11 → 13) — accumulation footprint is improving

This week includes: MSTR, FERG, RKT, WAT, MRNA, ULS, SMMT, WLK, BBY, CAVA, TEM, KRMN, CWST

Interpretation: the steady ownership-increase signal is broadening modestly, which is typically constructive. It suggests the market’s rally is not purely “fast money”—there is still slow-moving accumulation underneath.

9. Surprise (Earnings Momentum): Unchanged — the same winners keep confirming

Stable at 5 names: SPG, BE, FIX, TTWO, STRL

Interpretation: earnings momentum remains a consistent anchor. The market continues to reward a small cohort of fundamental surprise winners.

10. Fundamental: Return to Profitability + Sales Growth: Stable — recovery cohort remains intact

This week includes: CRWD, BE, RKT, SYM, AXON, NTRA, LPLA, DKNG, MDB, IONQ, CELH, UWMC, KVYO

Interpretation: the recovery pipeline remains present, but the market is still expressing itself more through leadership rotation (RS / GapUp) than through broad trend/breakout expansion.

Final takeaway

This week looked like “digest-and-rotate”: Trend-follow pullbacks reappeared (0 → 8) as the market consolidated after last week’s highs, Contrarian dips vanished (15 → 0) because sharp drawdowns inside bull trends are scarce, and leadership broadened sharply in tech/semis (RS 8 → 20) with more catalyst gaps—yet Breakout breadth is still missing, so the rally remains selective rather than a broad breakout regime.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).

Weekly Quant Screens is a rules-based weekly screening dashboard focused on short- to medium-term price action (days to weeks). Each week, I publish objective screen outputs from a fixed set of quantitative setups—such as pullbacks, breakouts, and volume/flow signals—and add a concise read on the broader market regime implied by the aggregate results.

The purpose of this screen is to detect shifts in market regimes at the individual stock level.

For deeper strategy development—robustness checks, modeling, and AI applications—see the sister publication “AI-Driven Quant Investment Strategies”. This publication translates those ideas into a clear, repeatable, and practical weekly format for a broader audience.

Disclaimer: This publication is for educational and informational purposes only and does not constitute investment advice. Any tickers shown are the output of predefined, rule-based screens (watchlist candidates) and are NOT recommendations or timing instructions.

Summary of Weekly Quant Screens (04-17-2026)

Market Trends Revealed by This Week’s Quant Screens (04-17-2026)

Note: U.S. equities surged this week on optimism around progress in U.S.–Iran peace talks, pushing both the S&P 500 and Nasdaq to fresh all-time highs.
However, the screen structure does not look like a broad, healthy “risk-on expansion.” Instead, it looks like a relief-rally / headline-driven jump where leadership is selective, and the “classic trend-building signals” (Breakout / ADX) are surprisingly thin.

The key tell is the combination of:

• #1 Trend-Follow pullbacks disappearing (0 names)

• #2 Contrarian expanding sharply and clustering into energy / cyclicals (4 → 15 names)

• #3 Breakout and #4 ADX both going blank (0 names)

This is consistent with a market that ran fast (index ATH), but did not rebuild broad trend breadth underneath.

1. Pullback (Trend Following): Dropped to zero — last week’s “dip-buying wave” likely already played out

“Pullback (Trend Following)” fell from 10 names last week → 0 names this week.

This is best read as a timing effect rather than a sudden loss of opportunity:
many of the names that entered this pullback-buy window last week already rebounded, so fewer fresh names are newly entering the same “clean pullback” setup.

→ Interpretation: last week likely offered a very rich dip-buying environment, and this week is the after-effect: fewer new entries because many already moved higher.

2. Pullback (Contrarian): Expanded sharply — but concentrated in energy/cyclicals

“Pullback (Contrarian)” increased from 4 names last week → 15 names this week.

This week:
COP, MPC, PSX, LNG, OXY, DVN, DOW, CTRA, CF, OVV, AKAM, APA, DAR, CHRD, MTDR

What stands out is the composition:

• Many are energy / energy-adjacent cyclicals (COP, MPC, PSX, LNG, OXY, DVN, APA, CTRA, OVV, CHRD, MTDR)

• Plus a few industrial/material cyclicals (DOW, CF, DAR)

• One notable non-energy tech/infra name (AKAM)

→ Interpretation: the market did surge to ATH, but the “buyable dips inside long-term uptrends” are not broad-based—they’re mostly inside the commodity / energy complex, implying leadership is still macro/theme-led, not evenly distributed across sectors.

3. Breakout: None — “new highs + volume confirmation” is not showing up broadly

“Breakout” is 0 names this week.

That’s a meaningful contrast versus the index headlines. When the index is making new highs, a healthy risk-on tape usually shows some breadth of confirmed breakouts.

→ Interpretation: this rally looks more like a headline-driven jump than a broad “breakout season” across many stocks.

4. Trend Follow (ADX): None — strong-trend persistence is not broad right now

“Trend Follow: ADX” is also 0 names this week.

→ Interpretation: even after a powerful week, the market is not showing many names with the kind of persistent, strengthening trend this screen is designed to capture. Trend structure may still be fragile, or leadership may be rotating too fast for sustained ADX setups to form.

Reference: “Market temperature checks” (Screens 5–10)

5. Relative Strength (RS): Narrower — leadership is selective

RS is 8 names this week:

INTC, MRVL, MPWR, UI, ON, SMMT, SNX, CORT

This is a very tech / semis / networking + biotech-flavored list.

→ Interpretation: relative winners exist, but the winner set is not broad. It’s a selective pocket of tech infrastructure and a few idiosyncratic names.

6. Event: GapUp — Increased to three names (headline/catalyst behavior)

GapUp this week:
BE, RVMD, CRDO

→ Interpretation: catalyst-driven jumps are back in focus, which fits the idea that this was a news / narrative-driven week.

7. Low Float + Increased Volume: Still small (3 names) — speculative heat is contained

This week:
GFS, SMMT, LCID

→ Interpretation: there is some flow activity, but this is not a market dominated by widespread low-float “melt-up” behavior.

8. Institutional Buying: Stable — slow-moving accumulation persists

This week includes:
MSTR, RKT, MRNA, SMMT, ULS, WLK, BBY, KRMN, CAVA, TEM, CWST

→ Interpretation: long-term accumulation signals remain steady, but they are not visibly expanding into a broad rush.

9. Surprise (Earnings momentum): Stable — the same winners keep showing up

This week:
SPG, BE, FIX, TTWO, STRL

→ Interpretation: earnings-momentum “survivors” remain intact even as market structure stays selective.

10. Fundamental (Return to Profitability + Sales Growth): Stable — recovery cohort remains broad but not newly expanding

This week continues to show a solid recovery list (e.g., BA, CRWD, BE, RKT, SYM, AXON, NTRA, LPLA, MDB, DKNG, IONQ, CELH, UWMC, KVYO).

→ Interpretation: fundamentals look constructive across a meaningful set, but price-action leadership is still not broad enough to translate into widespread trend/breakout signals.

Final takeaway: This week’s market regime in one sentence

Despite index all-time highs, the screens suggest a selective, headline-driven rally: trend-follow pullback entries vanished (0), Contrarian expanded mainly inside energy/cyclicals, while Breakout and ADX went to zero, implying the market surged faster than it rebuilt broad, durable trend structure underneath.

Screens Logic

1. Pullback (Trend Following): L/T bull trend + CCI crossover (3-10 trading days)

   Pick up pullbacks within a long-term uptrend as CCI rebounds from oversold territory (<-100)

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND CCI(20) > -50 AND CCI(20,3) < -100

2. Pullback (Contrarian): L/T bull trend + S/T bear momentum (3-15 trading days)

   Pick up stocks with a strong long-term uptrend that have experienced a sharp short-term pullback (bear momentum).

   SMA(50)/SMA(200) >1.05 AND Close(0)/SMA(200)>1.05 AND Close(0)/Close(10)-1 < -0.1

3. Breakout: 63-day high update × volume (1-15 trading days)

   Initial break above range + increased volume = aims to enhance breakout reliability

   Close(0)/HighVal(63,1)>1 AND AvgVol(5)/AvgVol(20) > 1.5

4. Trend Follow: ADX（1-6 weeks）

   Limited to situations where a strong trend persists and continues to intensify
   ADX(14,0) > 50 AND ADX(14,0) > ADX(14,10) AND Close(0)/SMA(50) >1

5. Relative Strength: Outperforming the Market (2-8 weeks)

   Stocks strong relative to the market = More likely to outperform even during a weak market

   Pr13WRel%Chg > 25 AND Pr4WRel%Chg > 25

6. Event: GapUp (1-5 trading days)

   Momentum trading on stocks that opened with a gap and gained momentum (also requires volume conditions)

   GapUp(7,200,5,0)

7. Supply and Demand: Low Float + Increased Volume (1-6 weeks)

   Low float makes supply and demand tight + Recent volume increase = Momentum

   FloatPct < 50 AND AvgVol(3)/AvgVol(10) > 1.3

8. Supply and Demand: Institutional Buying (1-8 weeks)

   Institutional investor shareholding ratio increased quarter-on-quarter = sign of capital inflows
   Inst%Own/Inst%OwnPQ -1 > 0.1

9. Surprise (4–12 weeks)

   Identify stocks with sustained strong earnings momentum indicated by significant positive sales and earnings surprises in the last two quarters.

   SalesSurp%Q1 > 10 AND SalesSurp%Q2 > 10 AND Surprise%Q1 > 10 AND Surprise%Q2 > 10

10. Fundamental: Return to Profitability + Sales Growth (4-12 weeks)

    Return to Profitability + Sales Growth = Initial Signs of Performance Recovery

    EPSExclXor(0,qtr)>0 AND EPSExclXor(1,qtr)<0 AND Sales%ChgTTM > 20

Details of Weekly Quant Screens

The screen outputs are from Portfolio123.

Interested in building your own Screens with Portfolio123?
You can sign up for a trial of Portfolio123 here (affiliate link).