3 Stocks Showing Bullish Signs: MANH, MU and SHO

MANH, MU, and SHO flashed scan alerts caught by the Financial Tech Wiz scanners, from daily pivot breakouts and tight base patterns to major Stage 2 support levels. Here is a breakdown of why these setups appeared on the scanners.

Price moves through October 19, 2026.

MANH: Manhattan Associates

MANH is a tech stock that had a daily pivot breakout scan alert on October 12, 2026 and is up 3.5% since that signal fired. October has historically been its strongest month, averaging a 7.4% gain across 26 years. View MANH’s stock data.

• Bullish Ichimoku TK Crossover: MANH triggered a bullish cross on October 12, 2026, the same day as its breakout.
• Bullish 9/21 EMA Crossover: Its 9-day EMA also crossed above its 21-day EMA on October 12.
• Daily Pivot Breakout Momentum Filters: Its 100-day rate of change was 60.9% and its 100-day EMA slope was 26.9%. Both cleared the scan thresholds of 40% and 25%, respectively.

MU: Micron Technology

MU is a memory stock that has benefited from the AI infrastructure buildout, and it recently appeared on the Weinstein Stage Analysis Scanner under the near 30-week SMA filter. Stan Weinstein uses the 30-week SMA as a key trend filter and support level: if MU fails to hold this level, it could potentially fall out of a Stage 2 uptrend and into Stage 3 consolidation, with a potential Stage 4 decline to follow. View MU’s stock data.

• Weinstein Stage Analysis Scanner (Near 30-Week SMA): MU qualified under the near 30-week SMA filter on its weekly chart, with its close sitting just 1.6% above its rising 30-week moving average ($89.26).
• Daily Pivot Breakout Alert: MU had a daily pivot breakout on September 21, 2026, but ultimately hit the stop loss as price broke down below its breakout bar low ($90.31). The current pullback to the 30-week SMA tests whether buyers step in at this major support zone.
• Minervini’s Trend Template Criteria: MU met Minervini’s Trend Template criteria throughout late September into October, while maintaining positive Mansfield relative strength (+35.8% versus the S&P 500).

SHO: Sunstone Hotel Investors

SHO is a real estate stock that showed up on the VCP scanner on October 12, 2026, as it put in a tight base and then eventually broke out with high volume. It is up 4.8% since that signal fired, and its latest reported quarterly revenue growth was 6.2% year over year. View SHO’s stock data.

• Volatility Contraction Pattern (VCP): On October 12, the scan’s checks for an established pivot, higher lows, contracting ranges, and volume dry-up all passed.
• Minervini’s Trend Template Criteria: SHO met all the criteria on October 12, 2026, aligning with its VCP setup and showing trend strength.

View All of the Financial Tech Wiz Scan Alerts

Explore scanners built around approaches from trading legends like Mark Minervini, Stan Weinstein, and Kristjan Kullamagi, with scan results updated daily in the Financial Tech Wiz Trading Journal. You can also view the Daily Pivot Breakout system’s backtests back to 2000 on currently listed stocks, including win rate, reward-to-risk metrics, and comparisons with holding the S&P 500.

Educational information, not investment advice. Past performance does not guarantee future results.