Monday Morning Runners

Breakout Scanner Highlights – October 26, 2026

Breakout Scanner Highlights – October 26, 2026

Technical screen results: 16 hits out of 80 candidates · Price vs. ZLEMA (Zero Lag Exponential Moving Average) · Data as of scan run

Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Markets involve risk, including possible loss of principal. Past performance is not indicative of future results. Always conduct your own research and consider consulting a qualified financial advisor before making investment decisions. Scanner results are based on technical criteria and may not reflect fundamental value, liquidity, or other risks. Links to external charting sites are provided for convenience only.

Overview

The scanner flagged 16 names trading at or above their ZLEMA, a reduced-lag trend filter designed to identify momentum earlier than a standard exponential moving average. Most signals are classified as “strong” (close above the ZLEMA). One name sits slightly below and is labeled “near.” Thirteen of the 16 appear as new detections in this run.

The largest extensions relative to the ZLEMA are concentrated in a handful of names, while many others are only modestly above the line. Sector concentration is notable in energy (driven by elevated oil prices amid geopolitical risk) and in cybersecurity/software names showing AI-related product momentum.

Symbols below link to their TradingView charts for further review.

Top Candidates

Symbol Score Type Close DIST % ZLEMA Brief Context
GMAB 100 strong 43.79 +8.3% 40.68 Largest extension. Positive Phase 3 ovarian cancer data and Phase 2 colorectal updates; clinical collaboration news.
QLYS 83 strong 216.70 +3.0% 202.00 Near recent highs. AI cybersecurity product launches and prior earnings strength.
BRZE 76 near 45.88 -0.1% 44.00 Only “near” signal; software / customer engagement platform.
APA 75 strong 51.90 +2.7% 50.83 Energy E&P. Oil elevated on Middle East supply risk.
TENB 68 strong 45.00 +0.4% 42.87 Cybersecurity / exposure management. AI security positioning.
OVV 67 strong 72.27 +1.8% 71.36 Energy. Part of broader oil-sensitive group near highs.
KRP 67 strong 16.96 +2.0% 16.77 Royalty / energy-related. Modest extension above ZLEMA.

Additional Strong Signals

Symbol Score Type Close DIST % ZLEMA Notes
MUR 66 strong 44.34 +1.3% 43.69 Energy E&P
HAS 63 strong 117.44 +0.2% 113.76 Strong recent results driven by Magic: The Gathering; raised guidance
CHRD 61 strong 158.13 +1.0% 155.24 Energy; near highs with oil backdrop
BOX 59 strong 43.18 +0.7% 42.78 Software / cloud content
RSKD 59 strong 9.15 +0.7% 8.92 Software
PAYC 59 strong 274.80 +0.5% 270.03 HR SaaS; solid growth trajectory
FRSH 58 strong 15.49 +0.3% 15.07 Software
IFF 54 strong 94.15 +0.3% 92.97 Flavors & fragrances
BTE 53 strong 5.50 +0.1% 5.48 Energy

Key Observations

  • Energy cluster: APA, OVV, MUR, CHRD, BTE, and KRP appear amid elevated oil prices (WTI recently near $100–101, Brent near $109–114) tied to geopolitical supply concerns. Several have traded near 52-week highs.
  • Cybersecurity / software: QLYS and TENB lead a group that includes BOX, RSKD, FRSH, BRZE, and PAYC. AI product announcements and sector tailwinds are recurring themes.
  • Standout extension: GMAB shows the widest distance above its ZLEMA (+8.3%), coinciding with clinical trial news in oncology.
  • Modest extensions elsewhere: Most other “strong” signals are within 0–3% of the ZLEMA, indicating closer proximity to the trend line rather than large breakouts.
  • New detections: The majority of the list are flagged as new finds in this scan.

How to Interpret the Screen

ZLEMA reduces lag relative to a conventional EMA, so crosses or sustained holds above it can appear earlier. A high score combined with positive DIST % suggests the scanner views the name as having stronger momentum relative to this filter. Technical screens of this type do not incorporate volume confirmation, relative strength versus the broader market, fundamental quality, or valuation. They are best used as a starting point for further research rather than standalone signals. Click any symbol to open its TradingView chart.

Additional disclaimer: Security prices, volumes, and market conditions change rapidly. The figures above reflect the scanner output provided and contemporaneous public reports; they may not represent current prices. This post is not personalized advice and makes no representation regarding the suitability of any security for any investor. External links (including to TradingView) are provided solely for convenience and do not imply endorsement.

Published for educational discussion of a technical scan run on October 26, 2026. Not investment advice.

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