Breakouts or Fake outs? Breakout Scanner Breakdown
Strong ZLEMA Breakout Scan: 21 High-Momentum Names (Nov 2, 2026)
Published November 2, 2026
Today’s seeds + Yahoo scan surfaced 21 strong breakout candidates out of 76 hits. The screen looks for closes that are meaningfully above a Zero-Lag Exponential Moving Average (ZLEMA), a lower-lag trend filter popular for catching accelerating momentum. Higher scores and larger positive distance percentages indicate stronger recent trend strength.
Below is a concise review of the standout names, with direct links to their TradingView charts for further analysis.
Top-Tier Setups
1. Global Payments (GPN) — Score 100
Close ~$96.84 | +10.5% above ZLEMA
View GPN on TradingView
The highest-scoring name on the list. Global Payments has been driven by reports that private equity firm CD&R is exploring a take-private transaction. The technical picture shows clear strength above key moving averages. Earnings are due November 5.
2. Columbia Sportswear (COLM) — Score 96
Close ~$67.54 | +5.3% above ZLEMA
View COLM on TradingView
Columbia has been climbing toward the upper end of its range with solid momentum. The setup is more consumer-discretionary sensitive than some of the industrial/software names on the list.
3. Veralto (VLTO) — Score 90
Close ~$111.10 | +4.9% above ZLEMA
View VLTO on TradingView
Danaher spin-off focused on water quality and product identification. Recent earnings were strong with raised guidance. A higher-quality compounder that fits the “momentum + fundamentals” profile well.
4. Exponent (EXPO) — Score 88
Close ~$86.58 | +3.9% above ZLEMA
View EXPO on TradingView
Specialized science and engineering consulting firm. Strong recent results and raised outlook support the technical breakout.
Additional Strong Names
- Roper Technologies (ROP) — Score 78 | +3.4% | Chart
Vertical software compounder with solid recent earnings and AI product commentary. - MediaAlpha (MAX) — Score 78 | +1.2% | Chart
Insurance customer-acquisition platform that rallied hard on a strong Q3 beat. - FactSet (FDS) — Score 62 | +1.1% | Chart
Financial data & analytics name showing constructive momentum. - Keurig Dr Pepper (KDP) — Score 68 | +1.9% | Chart
- Arch Capital (ACGL) — Score 63 | +1.6% | Chart
- Takeda (TAK) — Score 63 | +1.7% | Chart
How to Use This Scan
ZLEMA breakouts tend to favor stocks already in established trends that are accelerating. The highest-scoring names (GPN, COLM, VLTO, EXPO) currently show the cleanest combination of momentum and relative strength. Always confirm with volume, overall market context, and your own risk parameters before acting.
Key levels to watch on the charts linked above include the ZLEMA itself (as dynamic support) and recent consolidation highs.
Disclaimer
This is not financial advice. The information presented is for educational and informational purposes only. It does not constitute a recommendation to buy, sell, or hold any security. Trading and investing involve substantial risk of loss. Past performance is not indicative of future results. Always conduct your own research, consider your financial situation, and consult a qualified financial advisor before making investment decisions. The author and publisher are not responsible for any trading losses or damages arising from the use of this information.
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