Our technical indicator scanner runs daily across the full S&P 500 and Nasdaq 100 universes, ranking stocks by the balance of bullish versus bearish signals across a broad set of momentum, trend, and oscillator-based indicators. The results for 5 August 2026 highlight five names where the technical picture looks notably constructive. As always, these signals are a starting point for further research, not a recommendation to buy or sell.
1. Cisco Systems (CSCO) – 16 technical buy signals
Price: $121.74 | Daily change: +5.08% | Bull signals: 16 | Bear signals: 3
View the full technical analysis of Cisco Systems
Cisco leads today’s scanner with 16 bullish signals against just 3 bearish ones, and a daily gain of just over 5% underlines the strength of today’s move. The stock has been building momentum since it cleared new all-time highs earlier in the year — a milestone that had eluded it for the better part of two and a half decades — and the technical picture reflects that renewed investor confidence.
On the fundamental side, Cisco has been actively positioning itself within the artificial intelligence infrastructure theme. The company unveiled a dedicated AI networking chip earlier in 2026, reinforcing its ambitions to capture a share of the rapidly growing AI-driven data centre market. Analyst commentary around potential security-sector deal activity has also kept the stock in focus.
While free cash flow came in meaningfully lower on a year-over-year basis in a recent quarter — a detail worth monitoring — the five-year total return remains substantial, and the broader narrative around Cisco’s transformation into an AI-era networking company continues to attract attention from both growth and value-oriented investors.
2. Palantir Technologies (PLTR) – 16 technical buy signals
Price: $162.66 | Daily change: +29.45% | Bull signals: 16 | Bear signals: 7
View the full technical analysis of Palantir Technologies
Palantir is the standout mover of the day with a gain of close to 30%, triggered by a second-quarter earnings release that significantly exceeded market expectations. Revenue growth came in at an exceptional pace, with US commercial revenue expanding at a particularly striking rate. The company also raised its full-year 2026 guidance, signalling management’s confidence in continued momentum.
The core driver appears to be accelerating adoption of Palantir’s Artificial Intelligence Platform, known as AIP. Enterprises and government agencies alike are increasingly deploying the platform in production environments rather than pilots, which points to a maturing and stickier revenue base. The firm’s chief executive highlighted growing demand for AI solutions that give organisations greater control over their own data and models.
The bear signals — seven in total, relatively elevated compared to the others on today’s list — are worth acknowledging. A move of this magnitude in a single session inevitably creates short-term technical overextension, and those who shorted the stock have reportedly sustained very significant paper losses. Investors considering this name should weigh the valuation carefully, as the rating from at least one major bank remains a Hold despite a substantially higher price target.
3. Broadcom (AVGO) – 15 technical buy signals
Price: $418.16 | Daily change: +6.61% | Bull signals: 15 | Bear signals: 2
View the full technical analysis of Broadcom
Broadcom earns the third spot with 15 bullish signals and a notably clean technical picture — only 2 bearish signals, the lowest bear count on today’s list. A gain of more than 6% on the day adds further weight to the bullish case, continuing what has been a strong run for a stock that has delivered an extraordinary return over a five-year horizon.
The semiconductor and networking giant sits at the intersection of two powerful structural themes: custom AI chip design and high-bandwidth networking infrastructure. A mid-2026 industry outlook event highlighted what the company described as an AI tipping point in enterprise private cloud adoption, and long-term supply agreements with major technology companies have reinforced the revenue visibility argument.
Recent news also flagged that a significant chip deployment by a large social media platform expected later in the year could act as a further catalyst for Broadcom’s growth trajectory in the second half of 2026. While some analysts consider the stock to be fairly valued after its multi-year run, the technical signals today suggest that price momentum remains firmly in the bulls’ favour.
4. Jabil (JBL) – 15 technical buy signals
Price: $340.00 | Daily change: +6.79% | Bull signals: 15 | Bear signals: 3
View the full technical analysis of Jabil
Jabil, the global electronics manufacturing services company, claims fourth place with 15 bullish signals and a gain of nearly 7% on the day. The stock has attracted increasing attention from investors seeking exposure to the AI infrastructure build-out through the supply chain rather than directly through chip designers or software companies, and today’s move suggests that interest remains robust.
One notable development earlier in 2026 was the announcement of a strategic alliance with Adani focused on AI data centre infrastructure in India, a partnership that broadened Jabil’s geographic and thematic reach. Wall Street has also been anticipating the company’s forthcoming fourth-quarter earnings release, with consensus expectations pointing to meaningful year-over-year earnings growth.
Jabil is sometimes overlooked in favour of its more high-profile technology peers, but its role as a manufacturer and assembler across the AI hardware supply chain gives it a distinctive position. The technical signals today suggest the market is taking a fresh look at that positioning, though investors should review upcoming earnings carefully before drawing firm conclusions about the sustainability of this move.
5. Teradyne (TER) – 15 technical buy signals
Price: $403.56 | Daily change: +10.32% | Bull signals: 15 | Bear signals: 4
View the full technical analysis of Teradyne
Teradyne rounds out today’s list with 15 bullish signals and a double-digit daily gain of just over 10%, the second-largest percentage move among our top five. The semiconductor test equipment specialist has been a consistent presence in AI-themed stock discussions, given that its automated testing systems are an essential part of the chip production pipeline that underpins the entire AI hardware ecosystem.
Analyst estimates for Teradyne were revised upward earlier in the summer, with updated valuation models reflecting more optimistic assumptions about AI-driven demand for advanced semiconductor testing. The stock had been flagged as trading close to fair value in the period immediately before today’s move, suggesting that fresh earnings or guidance data may have shifted that assessment.
Cathie Wood’s funds have previously held Teradyne as a core AI infrastructure position, which brought additional visibility to the name among growth-focused investors. With 15 bullish technical signals confirmed today, the indicator scanner reflects a stock where short- and medium-term momentum indicators are broadly aligned — though investors should be mindful that a 10% single-day move warrants careful consideration of entry timing and position sizing.
Disclaimer: This article is produced for informational and educational purposes only and does not constitute financial advice, investment advice, or a recommendation to buy or sell any security. Technical signals reflect historical price and volume data and are not predictive of future performance. All investments carry risk, including the possible loss of capital. Members of the Wall Street Stock Investors Club should conduct their own research and, where appropriate, consult a qualified financial adviser before making any investment decision.