Last month's top 10 bullish technical setups — did the trends hold?
On 2026-05-12, our technical composite ranked the ten stocks below as the most bullish setups on the board — strong trend alignment across multiple Supertrend timeframes, RSI in or above the sweet spot, momentum on the right side of zero, and relative strength near new highs.
Over the next 30 calendar days (through 2026-06-10), the basket punished the buy-and-hold trader badly. The average peak gain was +20.8% against an average drawdown of -15.4%, with the buy-and-hold return landing at -8.6%. 1 of 10 names closed green; 3 lost more than 10%.
The screener found meaningful upside before any reversal, with AEVA extending to a window-high +56.2% and AEVA still printing +18.9% held to today. Almost everything rolled over — a clear regime change inside the window. 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 | Peak | Drawdown | Held to today |
|---|---|---|---|---|---|---|---|---|
| 1 | DGXX | Technology | 94.9 | 91 | 98 | +9.7% | -33.1% | -28.6% |
| 2 | BW | Industrials | 90.0 | 66 | 99 | +11.5% | -26.0% | -25.9% |
| 3 | AAOI | Technology | 90.0 | 62 | 99 | +24.1% | -20.8% | -7.0% |
| 4 | IESC | Industrials | 89.6 | 69 | 95 | +12.0% | -11.6% | -1.1% |
| 5 | TECK | Materials | 89.2 | 68 | 91 | +8.0% | -11.3% | -9.2% |
| 6 | AEVA | Technology | 89.1 | 64 | 91 | +56.2% | -9.2% | +18.9% |
| 7 | RIO | Materials | 89.1 | 69 | 90 | +2.8% | -10.1% | -9.5% |
| 8 | CMP | Materials | 88.9 | 68 | 88 | +17.2% | -7.2% | -1.6% |
| 9 | NXPI | Technology | 88.6 | 68 | 85 | +15.5% | -5.1% | -2.9% |
| 10 | WOLF | Technology | 85.0 | 84 | 99 | +50.4% | -20.0% | -19.2% |
Ticker by ticker
#1. DGXX — Digi Power X Inc. Subordinate Voting Shares · $706M · score 94.9
DGXX (Digi Power X Inc. Subordinate Voting Shares) ($706M) Technology sector — entered the 30-day window at $8.39. On the day, the composite ranked it at the top of the bullish board: composite of 94.9 backed by RSI 91, RS rating 98, with ADX at 48 confirming the trend, and ST Triple Bull, Golden Cross, Triple MA Bull, 52W Breakout and 1 more. Bulls couldn't push it: the 1st session marked the best print at $9.20, just +9.7% from the anchor. The trade was no straight line up — the 19th session bottomed at $5.61, -33.1% below entry. Held to today, the trade is down -28.6% — a flat-out failure of the bullish setup.
#2. BW — Babcock & Wilcox Enterprises, Inc. · $2.7B · score 90.0
BW (Babcock & Wilcox Enterprises, Inc.) ($2.7B) Industrials sector — entered the 30-day window at $19.75. A strong technical setup on the anchor date: composite of 90.0 backed by RSI 66, RS rating 99, and ST Triple Bull, Triple MA Bull, 52W Breakout, RS New High. Bulls couldn't push it: the 3rd session marked the best print at $22.03, just +11.5% from the anchor. The trade was no straight line up — the 20th session bottomed at $14.62, -26.0% below entry. Held to today, the trade is down -25.9% — a flat-out failure of the bullish setup.
#3. AAOI — Applied Optoelectronics, Inc. · $12.7B · score 90.0
AAOI (Applied Optoelectronics, Inc.) ($12.7B) Technology sector — entered the 30-day window at $188.28. On the day, the composite gave it top marks: composite of 90.0 backed by RSI 62, RS rating 99, with ADX at 36 confirming the trend, and ST Triple Bull, Triple MA Bull, RS New High, Squeeze (Bull Mom). Bulls got their move: +24.1% to $233.67 on the 1st session, validating the trend signal. The other side hurt — the 13th session saw price tag $149.05, a -20.8% drawdown from entry. As of last night's close the position sits at -7.0% — a loss despite the score.
#4. IESC — IES Holdings, Inc. Common Stock · $13.5B · score 89.6
IESC (IES Holdings, Inc. Common Stock) ($13.5B) Industrials sector — entered the 30-day window at $685.48. The screener flagged it as a high-confidence bullish setup: composite of 89.6 backed by RSI 69, RS rating 95, with ADX at 33 confirming the trend, and ST Triple Bull, Triple MA Bull, RS New High. Bulls got their move: +12.0% to $768.00 on the 19th session, validating the trend signal. The other side hurt — the 5th session saw price tag $605.99, a -11.6% drawdown from entry. As of yesterday's close the position is -1.1% from entry, essentially a wash.
#5. TECK — Teck Resources Limited · $32.4B · score 89.2
TECK (Teck Resources Limited) ($32.4B) Materials sector — entered the 30-day window at $65.97. On the day, the composite ranked it at the top of the bullish board: composite of 89.2 backed by RSI 68, RS rating 91, and ST Triple Bull, Triple MA Bull, Near 52W High, RS New High. Bulls couldn't push it: the 14th session marked the best print at $71.25, just +8.0% from the anchor. The trade was no straight line up — the 5th session bottomed at $58.50, -11.3% below entry. Held to today, the trade is down -9.2% — the bullish setup didn't follow through, or the broader market took it with the tide.
#6. AEVA — Aeva Technologies, Inc. · $1.8B · score 89.1
AEVA (Aeva Technologies, Inc.) ($1.8B) Technology sector — entered the 30-day window at $19.09. A strong technical setup on the anchor date: composite of 89.1 backed by RSI 64, RS rating 91, and ST Triple Bull, Golden Cross, Triple MA Bull, Hull-EMA Bull and 1 more. Bulls got their move: +56.2% to $29.82 on the 10th session, validating the trend signal. Pullbacks stayed shallow — only -9.2% to $17.33 on the 5th session. As of last night's close the position prints +18.9%, validating the setup.
#7. RIO — Rio Tinto plc · $173.0B · score 89.1
RIO (Rio Tinto plc) ($173.0B) Materials sector — entered the 30-day window at $109.50. The screener flagged it as a high-confidence bullish setup: composite of 89.1 backed by RSI 69, RS rating 90, and ST Triple Bull, Triple MA Bull, 52W Breakout, RS New High. The bullish setup stalled out at $112.58 on the 1st session — only +2.8% of extension. The other side hurt — the 19th session saw price tag $98.43, a -10.1% drawdown from entry. As of last night's close the position sits at -9.5% — a loss despite the score.
#8. CMP — Compass Minerals International, Inc. · $1.3B · score 88.9
CMP (Compass Minerals International, Inc.) ($1.3B) Materials sector — entered the 30-day window at $29.43. On the day, the composite gave it top marks: composite of 88.9 backed by RSI 68, RS rating 88, and ST Triple Bull, Triple MA Bull, RS New High. Follow-through arrived: the 14th session marked the window-high at $34.50, a +17.2% extension from entry. The trade rode the trend cleanly; the low at $27.30 on the 5th session was just -7.2% from entry. Net of everything, the trade prints -1.6% — the bullish setup neither broke out nor broke down.
#9. NXPI — NXP Semiconductors N.V. · $81.1B · score 88.6
NXPI (NXP Semiconductors N.V.) ($81.1B) Technology sector — entered the 30-day window at $294.23. On the day, the composite ranked it at the top of the bullish board: composite of 88.6 backed by RSI 68, RS rating 85, with ADX at 44 confirming the trend, and ST Triple Bull, Golden Cross, Triple MA Bull. Follow-through arrived: the 10th session marked the window-high at $339.95, a +15.5% extension from entry. The trade rode the trend cleanly; the low at $279.36 on the 19th session was just -5.1% from entry. Net of everything, the trade prints -2.9% — the bullish setup neither broke out nor broke down.
#10. WOLF — Wolfspeed, Inc. · $2.9B · score 85.0
WOLF (Wolfspeed, Inc.) ($2.9B) Technology sector — entered the 30-day window at $53.72. The screener flagged it as a high-confidence bullish setup: composite of 85.0 backed by RSI 84, RS rating 99, with ADX at 45 confirming the trend, and ST Triple Bull, Triple MA Bull, Near 52W High, RS New High. Bulls got their move: +50.4% to $80.82 on the 8th session, validating the trend signal. The other side hurt — the 20th session saw price tag $43.00, a -20.0% drawdown from entry. As of yesterday's close the position sits at a brutal -19.2%. The trend reversed and never recovered.