⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
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Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence
AI output is commentary, not scanner evidence or a sizing recommendation.
Price$376.26Jul 27 close
52W High$391.29-3.8%
52W Low$269.77
Wks Since High20w
Base Depth-18.1%
BaseB1
SMA 50$351.02
SMA 200$341.92
Avg Vol2,669,921
RS Rank49
RS vs High-10.0%
RS Slope+4.6% ▲
Grp Rank#36/64
ADR%2.3%
ATR(14)$8.46 (2.2%)
Rel Vol (today)1.09×
Vol PaceN/A
U/D Vol0.69
A/D Days15A / 12D
A/D RatingA
VDU Bars0/10 d
Power Trend9d
Earnings
7d
$269.77
$391.2988%
AMGN Chart
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
🟡 5 of 6 legends are Watching — building, not yet a confirmed buy.
No active breakout tracked — Legend AI monitors daily for pivot-point breaks.
What's a breakout?
🕯 Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.
Separate score from the 8-point Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
Minervini D · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the tight base's structural pivot; the setup must retain Trend Template leadership into the trigger. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a decisive move through the pivot with volume confirmation, and do not initiate more than 5% above it. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start at the tighter structural invalidation; the initial loss limit must not exceed roughly 7–8% from entry. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold the initial stop until the trade proves itself; near +1R move to breakeven, then trail a higher low or rising 10/21-day average once well extended. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when the structural stop or a meaningful higher-low/short-term trend violation fires; never widen the stop. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
Cup base building — 79% of the 18%-deep cup recovered. Watch for the right side to reach ~391.29, then a handle.
Pivot Watch3.84% away
Tightness / volumeExpanding · No VDU
Recent-pace band3–10 sessions
Confirms above391.29
Invalidates at355.90
Rim391.29
Cup Low320.52
Pivot391.29
Mid Cup355.90
Cup depth 18%, recovery 79%, handle=not yet
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$376.26 vs SMA150 $350.23 / SMA200 $341.92
✓
SMA 150 above SMA 200SMA150 $350.23 vs SMA200 $341.92