One stock got knocked back from its 52-week high yesterday. That's historically been the good news.

CNC is the odd one on this card. Everything else fell through something; CNC pushed up into its 52-week high, two days after clearing a swing high, and got turned away there. That knockback has historically been the friendly event for this name rather than the warning, a +1.24% median five days later while the average stock rejected at a yearly high goes roughly nowhere. Read the WYNN line with one caveat in mind: that record is what followed a fresh break of a yearly low, and yesterday's was its second break in five sessions, which is a different animal.

The pairing is the story on the beaten-up side: NNN and ADC are effectively the same trade, two net-lease REITs that each dropped 5.6% in the same week and hit the floor of their own yearly range on the same day. When one corner of the market shows up twice on a three-name list, it's the corner being sold, not two separate ideas. TJX is its own thing and a quieter one, down on price with nobody else from the group beside it.

Nothing in the Sep 18–24 window cleared the floor this year, so today's date is the whole board. The fun part of BMRN is the mismatch: our quality screen has it down as a loser, one winning year in the last ten, and it still turns up green on September 17th almost every year on file. Only two of those years were red, and the deeper of the two is the worst number printed below.

Four of the five names picking up speed are picking it up on the way down, and the one exception, RVTY, is the same name sitting at the top of the overbought list an inch up the page. Don't read the other column as calm, either: SNDK is down 13.8% on the week and still qualifies, because what's shrinking is the size of the daily swing and not the direction of it.