Monday Morning Runners
Breakout Scanner Highlights – October 26, 2026
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.
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