Last month's top 10 bearish technical setups — did the breakdowns continue?
On 2026-07-02, our technical composite ranked the ten stocks below as the most bearish setups on the board — trend deterioration across multiple Supertrend timeframes, weak RSI, negative momentum, and relative strength near the bottom of the market.
Over the next 30 calendar days (through 2026-07-31), the basket followed through hard — the breakdowns kept breaking. The average max decline was -18.0% against an average adverse rally of +10.7%, with the held-to-today move landing at -8.5%. 7 of 10 names closed lower; 1 rallied more than 10% against the call.
The screener found serious downside follow-through at the lows, with SSTK closing the window at -45.0% — though T squeezed +13.0% against the bearish read. A clear majority of names finished lower — exactly what a bearish-trend screener should deliver. Below is each setup, in order of composite score, with the price action that followed.
The numbers, top-to-bottom
| # | Ticker | Sector | Score | RSI | RS | Max decline | Adverse rally | Held to today |
|---|---|---|---|---|---|---|---|---|
| 1 | HON | Industrials | 92.4 | 19 | 25 | -5.1% | +9.6% | +5.7% |
| 2 | AD | Real Estate | 85.0 | 27 | 0 | -7.0% | -0.0% | -3.9% |
| 3 | HTZ | Industrials | 82.8 | 17 | 22 | -26.9% | +5.7% | -25.2% |
| 4 | RGC | Healthcare | 82.7 | 23 | 23 | -29.2% | +20.7% | -3.0% |
| 5 | NNNN | Healthcare | 82.7 | 28 | 23 | -34.6% | +7.8% | -22.0% |
| 6 | SSTK | Communication Services | 82.4 | 28 | 25 | -47.3% | +0.2% | -45.0% |
| 7 | TU | Communication Services | 82.2 | 14 | 28 | -9.5% | +9.3% | -6.2% |
| 8 | ORCL | Technology | 82.1 | 27 | 28 | -18.4% | +6.3% | -7.4% |
| 9 | SID | Materials | 82.1 | 27 | 28 | -0.6% | +24.8% | +8.8% |
| 10 | T | Communication Services | 82.0 | 29 | 30 | -1.6% | +23.0% | +13.0% |
Ticker by ticker
#1. HON — Honeywell International, Inc. · $70.9B · score 92.4
HON (Honeywell International, Inc.) ($70.9B) Industrials sector — entered the 30-day window at $229.86. A deteriorating technical picture on the anchor date: composite of 92.4 backed by RSI 19, RS rating 25, with ADX at 29 confirming the downtrend, and ST Triple Bear, Death Cross, Triple MA Bear. Downside follow-through was limited — the low of $218.10 on the 4th session was only -5.1% below entry. Buyers fought back hard: $252.00 on the 17th session (+9.6%) was the worst of it for the bearish side. Net of the trip, the stock prints +5.7%; the downtrend stabilized inside the window.
#2. AD — Array Digital Infrastructure, Inc. · $3.1B · score 85.0
AD (Array Digital Infrastructure, Inc.) ($3.1B) Real Estate sector — entered the 30-day window at $36.24. On the day, the composite ranked it among the weakest charts on the board: composite of 85.0 backed by RSI 27, RS rating 0, with ADX at 47 confirming the downtrend, and ST Triple Bear, Triple MA Bear. Downside follow-through was limited — the low of $33.71 on the 7th session was only -7.0% below entry. Bulls never got traction; the high at $36.23 on the 1st session was just -0.0% from entry. Net of everything, the stock prints -3.9% — sellers and dip-buyers fought to a draw.
#3. HTZ — Hertz Global Holdings, Inc Common Stock · $715M · score 82.8
HTZ (Hertz Global Holdings, Inc Common Stock) ($715M) Industrials sector — entered the 30-day window at $2.12. The screener flagged it as a high-confidence bearish setup: composite of 82.8 backed by RSI 17, RS rating 22, with ADX at 30 confirming the downtrend, and ST Triple Bear, Triple MA Bear, 52W Breakdown. The bearish read paid off: -26.9% down to $1.55 on the 20th session. Counter-rallies stayed weak — only +5.7% to $2.24 on the 1st session. As of yesterday's close the move prints -25.2%. The breakdown never looked back.
#4. RGC — Regencell Bioscience Holdings Limited Ordinary Shares · $3.0B · score 82.7
RGC (Regencell Bioscience Holdings Limited Ordinary Shares) ($3.0B) Healthcare sector — entered the 30-day window at $6.37. On the day, the composite gave it bottom-tier marks: composite of 82.7 backed by RSI 23, RS rating 23, with ADX at 47 confirming the downtrend, and ST Triple Bear, Triple MA Bear. The bearish read paid off: -29.2% down to $4.51 on the 10th session. The squeeze risk was real — the 3rd session saw price rally to $7.69, +20.7% against the call. As of yesterday's close the move is -3.0% from entry, essentially a wash.
#5. NNNN — Anbio Biotechnology Class A Ordinary Shares · $602M · score 82.7
NNNN (Anbio Biotechnology Class A Ordinary Shares) ($602M) Healthcare sector — entered the 30-day window at $12.70. The screener flagged it as a high-confidence bearish setup: composite of 82.7 backed by RSI 28, RS rating 23, with ADX at 39 confirming the downtrend, and ST Triple Bear, Triple MA Bear. The bearish read paid off: -34.6% down to $8.30 on the 5th session. Counter-rallies stayed weak — only +7.8% to $13.69 on the 2nd session. As of yesterday's close the move prints -22.0%. The breakdown never looked back.
#6. SSTK — SHUTTERSTOCK, INC. · $512M · score 82.4
SSTK (SHUTTERSTOCK, INC.) ($512M) Communication Services sector — entered the 30-day window at $9.81. A deteriorating technical picture on the anchor date: composite of 82.4 backed by RSI 28, RS rating 25, and ST Triple Bear, Triple MA Bear. The breakdown delivered: price fell to $5.17 by the 20th session, a -47.3% decline from the anchor close. Bulls never got traction; the high at $9.82 on the 1st session was just +0.2% from entry. Net of the trip, the stock is down -45.0% — the kind of follow-through this scan exists to find.
#7. TU — Telus Corporation · $16.5B · score 82.2
TU (Telus Corporation) ($16.5B) Communication Services sector — entered the 30-day window at $10.19. A deteriorating technical picture on the anchor date: composite of 82.2 backed by RSI 14, RS rating 28, with ADX at 60 confirming the downtrend, and ST Triple Bear, Triple MA Bear, 52W Breakdown. The breakdown stalled at $9.22 on the 20th session — only -9.5% of downside. The squeeze risk was real — the 18th session saw price rally to $11.14, +9.3% against the call. As of last night's close the move prints -6.2%, validating the setup.
#8. ORCL — Oracle Corp · $422.1B · score 82.1
ORCL (Oracle Corp) ($422.1B) Technology sector — entered the 30-day window at $140.27. On the day, the composite gave it bottom-tier marks: composite of 82.1 backed by RSI 27, RS rating 28, with ADX at 30 confirming the downtrend, and ST Triple Bear, Triple MA Bear. The breakdown delivered: price fell to $114.50 by the 17th session, a -18.4% decline from the anchor close. Bulls never got traction; the high at $149.07 on the 4th session was just +6.3% from entry. Net of the round trip, the stock sits -7.4% below entry — the downtrend held.
#9. SID — Companhia Siderurgica Nacional S.A. (CSN) · $1.2B · score 82.1
SID (Companhia Siderurgica Nacional S.A. (CSN)) ($1.2B) Materials sector — entered the 30-day window at $0.906. On the day, the composite gave it bottom-tier marks: composite of 82.1 backed by RSI 27, RS rating 28, and ST Triple Bear, Triple MA Bear, Near 52W Low. Sellers couldn't press it: the 3rd session marked the worst print at $0.900, just -0.6% from the anchor. The trade was no straight line down — the 16th session topped at $1.13, +24.8% above entry. Held to today, the stock is up +8.8% — the bearish setup didn't follow through.
#10. T — AT&T Inc. · $143.8B · score 82.0
T (AT&T Inc.) ($143.8B) Communication Services sector — entered the 30-day window at $20.58. On the day, the composite gave it bottom-tier marks: composite of 82.0 backed by RSI 29, RS rating 30, with ADX at 47 confirming the downtrend, and ST Triple Bear, Triple MA Bear. Downside follow-through was limited — the low of $20.25 on the 1st session was only -1.6% below entry. Buyers fought back hard: $25.32 on the 17th session (+23.0%) was the worst of it for the bearish side. Net of the trip, the stock prints +13.0%; the downtrend stabilized inside the window.