Last month's top 10 bearish technical setups — did the breakdowns continue?
On 2026-09-01, 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 2026-09-30), the basket followed through hard — the breakdowns kept breaking. The average max decline was -10.6% against an average adverse rally of +5.9%, with the held-to-today move landing at -8.7%. 10 of 10 names closed lower; 0 rallied more than 10% against the call.
The screener found meaningful downside before any bounce, with QFIN closing the window at -20.0%. 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 | DOV | Industrials | 89.2 | 29 | 58 | -3.1% | +2.8% | -1.5% |
| 2 | EXP | Materials | 86.3 | 35 | 36 | -11.0% | +3.5% | -10.7% |
| 3 | BA | Industrials | 86.1 | 34 | 38 | -10.5% | +4.7% | -9.5% |
| 4 | SARO | Industrials | 86.0 | 31 | 40 | -11.9% | +6.0% | -11.8% |
| 5 | UTG | — | 85.2 | 35 | 48 | -10.7% | +3.9% | -8.5% |
| 6 | STUB | Communication Services | 85.0 | 26 | 0 | -15.3% | +11.2% | -9.4% |
| 7 | AADX | — | 85.0 | 24 | 0 | -9.3% | +6.5% | -4.1% |
| 8 | VISN | Technology | 85.0 | 23 | 0 | -4.8% | +9.2% | -3.9% |
| 9 | EXC | Utilities | 84.7 | 37 | 52 | -9.4% | +1.7% | -7.8% |
| 10 | QFIN | Financials | 82.7 | 18 | 23 | -20.1% | +9.4% | -20.0% |
Ticker by ticker
#1. DOV — Dover Corporation · $25.4B · score 89.2
DOV (Dover Corporation) ($25.4B) Industrials sector — entered the 30-day window at $189.93. A deteriorating technical picture on the anchor date: composite of 89.2 backed by RSI 29, RS rating 58, and ST Triple Bear, Death Cross, Triple MA Bear. Sellers couldn't press it: the 8th session marked the worst print at $184.00, just -3.1% from the anchor. Adverse moves were contained: $195.31 on the 4th session, only +2.8% above the anchor close. Held to today, the stock is roughly flat at -1.5% — the breakdown neither resolved nor reversed.
#2. EXP — Eagle Materials, Inc. · $6.0B · score 86.3
EXP (Eagle Materials, Inc.) ($6.0B) Materials sector — entered the 30-day window at $191.53. On the day, the composite ranked it among the weakest charts on the board: composite of 86.3 backed by RSI 35, RS rating 36, and ST Triple Bear, Death Cross, Triple MA Bear. The bearish read paid off: -11.0% down to $170.46 on the 20th session. Counter-rallies stayed weak — only +3.5% to $198.17 on the 2nd session. As of last night's close the move prints -10.7%, validating the setup.
#3. BA — Boeing Company · $165.1B · score 86.1
BA (Boeing Company) ($165.1B) Industrials sector — entered the 30-day window at $205.66. On the day, the composite ranked it among the weakest charts on the board: composite of 86.1 backed by RSI 34, RS rating 38, with ADX at 26 confirming the downtrend, and ST Triple Bear, Death Cross, Triple MA Bear. The breakdown delivered: price fell to $184.01 by the 18th session, a -10.5% decline from the anchor close. Bulls never got traction; the high at $215.29 on the 4th session was just +4.7% from entry. Net of the round trip, the stock sits -9.5% below entry — the downtrend held.
#4. SARO — StandardAero, Inc. · $8.2B · score 86.0
SARO (StandardAero, Inc.) ($8.2B) Industrials sector — entered the 30-day window at $24.21. A deteriorating technical picture on the anchor date: composite of 86.0 backed by RSI 31, RS rating 40, and ST Triple Bear, Death Cross, Triple MA Bear, Near 52W Low. Sellers stayed in control — the 20th session marked the window low at $21.33, -11.9% below entry. Adverse moves were contained: $25.66 on the 4th session, only +6.0% above the anchor close. Held to today, the stock is down -11.8% — the bearish call worked.
#5. UTG — Reaves Utility Income Fund · $3.5B · score 85.2
UTG (Reaves Utility Income Fund) ($3.5B) entered the 30-day window at $37.54. The screener flagged it as a high-confidence bearish setup: composite of 85.2 backed by RSI 35, RS rating 48, and ST Triple Bear, Death Cross, Triple MA Bear. The bearish read paid off: -10.7% down to $33.53 on the 18th session. Counter-rallies stayed weak — only +3.9% to $38.99 on the 4th session. As of last night's close the move prints -8.5%, validating the setup.
#6. STUB — StubHub Holdings, Inc. · $2.5B · score 85.0
STUB (StubHub Holdings, Inc.) ($2.5B) Communication Services sector — entered the 30-day window at $6.16. The screener flagged it as a high-confidence bearish setup: composite of 85.0 backed by RSI 26, RS rating 0, with ADX at 45 confirming the downtrend, and ST Triple Bear, Triple MA Bear. The bearish read paid off: -15.3% down to $5.21 on the 19th session. The squeeze risk was real — the 3rd session saw price rally to $6.85, +11.2% against the call. As of last night's close the move prints -9.4%, validating the setup.
#7. AADX — Applied Aerospace & Defense, Inc. · $2.2B · score 85.0
AADX (Applied Aerospace & Defense, Inc.) ($2.2B) entered the 30-day window at $12.55. On the day, the composite gave it bottom-tier marks: composite of 85.0 backed by RSI 24, RS rating 0, with ADX at 26 confirming the downtrend, and ST Triple Bear, Triple MA Bear, 52W Breakdown. The breakdown stalled at $11.38 on the 7th session — only -9.3% of downside. Counter-rallies stayed weak — only +6.5% to $13.37 on the 11th session. As of yesterday's close the move is -4.1% from entry, essentially a wash.
#8. VISN — Vistance Networks, Inc. Common Stock · $1.5B · score 85.0
VISN (Vistance Networks, Inc. Common Stock) ($1.5B) Technology sector — entered the 30-day window at $6.22. The screener flagged it as a high-confidence bearish setup: composite of 85.0 backed by RSI 23, RS rating 0, with ADX at 33 confirming the downtrend, and ST Triple Bear, Triple MA Bear. Sellers couldn't press it: the 19th session marked the worst print at $5.92, just -4.8% from the anchor. The trade was no straight line down — the 10th session topped at $6.79, +9.2% above entry. Held to today, the stock is roughly flat at -3.9% — the breakdown neither resolved nor reversed.
#9. EXC — Exelon Corporation · $45.3B · score 84.7
EXC (Exelon Corporation) ($45.3B) Utilities sector — entered the 30-day window at $43.83. The screener flagged it as a high-confidence bearish setup: composite of 84.7 backed by RSI 37, RS rating 52, and ST Triple Bear, Death Cross, Triple MA Bear. Downside follow-through was limited — the low of $39.73 on the 17th session was only -9.4% below entry. Bulls never got traction; the high at $44.59 on the 2nd session was just +1.7% from entry. Net of the round trip, the stock sits -7.8% below entry — the downtrend held.
#10. QFIN — Qfin Holdings, Inc. American Depositary Shares · $1.1B · score 82.7
QFIN (Qfin Holdings, Inc. American Depositary Shares) ($1.1B) Financials sector — entered the 30-day window at $8.38. The screener flagged it as a high-confidence bearish setup: composite of 82.7 backed by RSI 18, RS rating 23, with ADX at 48 confirming the downtrend, and ST Triple Bear, Triple MA Bear, 52W Breakdown. Sellers stayed in control — the 20th session marked the window low at $6.70, -20.1% below entry. The trade was no straight line down — the 3rd session topped at $9.16, +9.4% above entry. Held to today, the stock sits at -20.0% — a textbook bearish-trend continuation and the screener's ideal outcome.