Stage changes · close of Sep 17, 2026
Stocks that entered Stage 2 on Sep 17, 2026
11 entered Stage 2, 26 entered Stage 4, 27 entered Stage 3 and 4 entered Stage 1, among US stocks above our tradable floor ($5 and $1 million a day). Each row is that day's close, largest companies first.
From a base into Stage 2 (8)
A new advance: the stock left its base and its trend turned up.
| Stock | Sector | Close | Day | From 52-week high | RS rank | From stage | Market cap |
|---|---|---|---|---|---|---|---|
| SAPSAP SE ADS | Information Technology | $213.66 | +0.2% | -22.5% | 40 | Stage 1 | $247B |
| MDTMedtronic | Health Care | $92.02 | +0.2% | -9.8% | 53 | Stage 1 | $119B |
| TPGTPG | Financials | $46.22 | -0.7% | -31.2% | 35 | Stage 1 | $17.8B |
| GDDYGoDaddy | Information Technology | $98.15 | -0.9% | -33.6% | 29 | Stage 1 | $12.4B |
| BTGB2Gold | Materials | $5.40 | +5.1% | -12.0% | 71 | Stage 1 | $7.1B |
| NOGNorthern Oil and Gas | Energy | $24.70 | -0.5% | -15.1% | 56 | Stage 1 | $2.7B |
| ASANAsana | Information Technology | $10.09 | +4.6% | -33.6% | 32 | Stage 1 | $2.3B |
| SONOSonos | Information Technology | $16.07 | +3.0% | -16.1% | 54 | Stage 1 | $1.9B |
Back into Stage 2 after a pause (3)
The uptrend resumed after a spell of topping action.
Into Stage 4 (26)
A decline began: the stock broke down below its trend.
| Stock | Sector | Close | Day | From 52-week high | RS rank | From stage | Market cap |
|---|---|---|---|---|---|---|---|
| BTIBritish American Tobacco Industries | Consumer Staples | $55.14 | -0.1% | -14.8% | 56 | Stage 3 | $121B |
| MCHPMicrochip Technology | Information Technology | $70.82 | +1.8% | -30.6% | 62 | Stage 3 | $38.5B |
| PCGPacific Gas & Electric | Utilities | $13.33 | +0.2% | -29.6% | 44 | Stage 3 | $29.5B |
| VIPSVipshop Holdings | Consumer Discretionary | $12.19 | -0.5% | -38.6% | 30 | Stage 1 | $5.8B |
| CHDNChurchill Downs | Consumer Discretionary | $82.22 | -0.5% | -30.1% | 41 | Stage 1 | $5.7B |
| CALXCalix | Information Technology | $35.14 | -0.8% | -48.6% | 23 | Stage 1 | $2.2B |
| PRDOPerdoceo Education | Consumer Staples | $32.73 | -1.6% | -12.9% | 47 | Stage 3 | $2.0B |
| STOKStoke Therapeutics | Health Care | $28.93 | +3.7% | -24.6% | 70 | Stage 1 | $1.9B |
| ARCOArcos Dorados Holdings Inc. Class A Shares | Consumer Discretionary | $7.57 | -0.9% | -18.9% | 64 | Stage 3 | $1.6B |
| SNDXSyndax Pharmaceuticals | Health Care | $17.68 | +2.3% | -29.7% | 65 | Stage 1 | $1.6B |
| MAZEMaze Therapeutics | Health Care | $23.44 | -2.0% | -54.8% | 51 | Stage 1 | $1.3B |
| RHLDResolute Holdings Management | Industrials | $117.93 | -1.6% | -47.9% | 89 | Stage 1 | $922M |
| ROOTRoot | Financials | $50.79 | -3.1% | -50.6% | 20 | Stage 1 | $804M |
| AOSLAlpha and Omega Semiconductor | Information Technology | $25.21 | +2.1% | -52.7% | 42 | Stage 3 | $763M |
| FWRGFirst Watch Restaurant Group | Consumer Discretionary | $10.11 | -3.1% | -45.8% | 25 | Stage 1 | $624M |
| OCSOculis Holding | Health Care | $9.98 | +0.7% | -69.4% | 23 | Stage 1 | $554M |
| MBUUMalibu Boats | Consumer Discretionary | $23.63 | +1.3% | -31.7% | 30 | Stage 1 | $465M |
| CWCOConsolidated Water | Utilities | $28.34 | +0.4% | -25.2% | 41 | Stage 1 | $456M |
| CHCTCommunity Healthcare Trust | Real Estate | $14.42 | -1.6% | -22.5% | 55 | Stage 3 | $413M |
| ELAEnvela | Consumer Discretionary | $13.67 | +6.6% | -52.7% | 91 | Stage 3 | $355M |
| BBWBuild-A-Bear Workshop | Consumer Discretionary | $25.24 | -3.4% | -65.0% | 14 | Stage 1 | $314M |
| MGPIMGP Ingredients | Consumer Staples | $14.39 | +0.2% | -46.6% | 21 | Stage 1 | $308M |
| RMRegional Management | Financials | $32.10 | -0.1% | -27.0% | 33 | Stage 3 | $296M |
| AVNWAviat Networks | Information Technology | $20.58 | +2.0% | -23.0% | 42 | Stage 1 | $263M |
| STROSutro Biopharma | Health Care | $15.48 | -0.8% | -62.2% | 89 | Stage 3 | $257M |
| MLTXMoonLake Immunotherapeutics | Health Care | $12.35 | -0.9% | -80.1% | 10 | Stage 3 | — |
Into Stage 3 (27)
The advance stalled and the stock started to move sideways near its high.
| Stock | Sector | Close | Day | From 52-week high | RS rank | From stage | Market cap |
|---|---|---|---|---|---|---|---|
| NVSNovartis | Health Care | $140.92 | +1.6% | -13.9% | 66 | Stage 2 | $268B |
| WMWaste Management | Industrials | $213.33 | -0.3% | -12.4% | 52 | Stage 2 | $85.3B |
| CLColgate-Palmolive | Consumer Staples | $87.23 | +0.8% | -10.4% | 60 | Stage 2 | $69.9B |
| AONAon | Financials | $296.05 | -1.5% | -22.2% | 39 | Stage 2 | $62.8B |
| EDConsolidated Edison | Utilities | $107.08 | +1.6% | -5.7% | 64 | Stage 2 | $39.6B |
| FEFirstEnergy | Utilities | $45.73 | +0.8% | -10.1% | 60 | Stage 2 | $26.5B |
| ESEversource Energy (D/B/A) | Utilities | $68.19 | +1.7% | -8.5% | 63 | Stage 2 | $26.0B |
| AFRMAffirm Holdings | Financials | $70.28 | -1.8% | -23.8% | 35 | Stage 2 | $23.7B |
| LLoews | Financials | $108.36 | -0.4% | -9.2% | 62 | Stage 2 | $22.2B |
| TROWT. Rowe Price Group | Financials | $102.84 | +0.4% | -14.4% | 55 | Stage 2 | $21.9B |
| ESSEssex Property Trust | Real Estate | $268.24 | -0.2% | -9.2% | 56 | Stage 2 | $17.4B |
| FMSFresenius Medical Care | Health Care | $22.07 | -3.9% | -16.2% | 44 | Stage 2 | $11.7B |
| ELANElanco Animal Health | Health Care | $22.74 | -0.5% | -15.3% | 69 | Stage 2 | $11.4B |
| FSSFederal Signal | Industrials | $113.78 | -1.3% | -14.9% | 44 | Stage 2 | $6.9B |
| FNBF.N.B. | Financials | $18.04 | +0.8% | -6.8% | 64 | Stage 2 | $6.4B |
| EPRTEssential Properties Realty Trust | Real Estate | $26.47 | 0.0% | -20.9% | 47 | Stage 2 | $5.8B |
| MCYMercury General | Financials | $100.54 | -1.4% | -9.2% | 74 | Stage 2 | $5.6B |
| FFINFirst Financial Bankshares | Financials | $32.84 | -1.4% | -9.4% | 48 | Stage 2 | $4.7B |
| LIVNLivaNova | Health Care | $77.79 | -0.9% | -8.8% | 80 | Stage 2 | $4.3B |
| CHRNChronoScale Holdings | Information Technology | $20.13 | +7.9% | -32.1% | 98 | Stage 2 | $2.9B |
| MGEEMGE Energy | Utilities | $75.00 | -0.4% | -11.7% | 45 | Stage 2 | $2.8B |
| FRMEFirst Merchants | Financials | $40.90 | -0.4% | -8.8% | 58 | Stage 2 | $2.6B |
| BCRXBioCryst Pharmaceuticals | Health Care | $8.70 | +3.2% | -21.7% | 61 | Stage 2 | $2.2B |
| NTSTNetSTREIT | Real Estate | $18.23 | -0.1% | -17.2% | 54 | Stage 2 | $1.9B |
| ABSIAbsci | Health Care | $9.27 | +15.3% | -20.2% | 98 | Stage 2 | $1.6B |
| ENOVEnovis | Health Care | $17.80 | -4.6% | -46.3% | 22 | Stage 2 | $1.0B |
| WRLDWorld Acceptance | Financials | $184.77 | -0.4% | -17.5% | 60 | Stage 2 | $861M |
Into Stage 1 (4)
A decline ended and the stock started to base.
Stage changes come from our stage analysis of each stock after the close; a change can reverse in the following sessions. Nothing here is investment advice.