Our technical scanner runs daily across the S&P 500 and Nasdaq 100, measuring a broad range of momentum, trend, and oscillator indicators to identify stocks exhibiting the most pronounced bearish setups. Today, 24 July 2026, we highlight the five names generating the highest number of technical sell signals. Short candidates are stocks where the weight of technical evidence suggests price weakness may continue, making them potential candidates for short-selling strategies.
Important risk warning: Short-selling carries substantially greater risk than buying equities. Losses on a short position are theoretically unlimited, margin requirements add further complexity, and a sudden positive catalyst can trigger rapid short squeezes. The signals below are purely technical observations and should not be treated as recommendations. Always apply your own due diligence and risk management.
1. Globe Life (GL) – 18 technical sell signals
Price: $171.08 | Daily change: -7.02%
View the full technical analysis of Globe Life
Globe Life leads today’s bearish rankings with 18 sell signals, and the sharp single-day decline of more than 7% suggests significant selling pressure heading into the company’s second-quarter earnings release. Analysts had been projecting earnings per share of around $3.67 for the quarter, and the market’s reaction implies that expectations may not have been met, or that guidance disappointed investors looking for more after a strong first half of the year.
The stock had already attracted some caution following an executive share sale in June, when a senior officer exercised options and disposed of shares at prices in the $169–$170 range. Insider selling in itself is not always a bearish signal, but when combined with a technically deteriorating chart, it tends to attract additional scrutiny from the market.
Despite a positive narrative around Globe Life’s investment-grade balance sheet and its preferred securities offering a meaningful yield to maturity, the common equity is now under clear technical pressure. With 18 sell signals against just 4 bull signals, the bears are firmly in control of the short-term tape, and any relief rally should be assessed carefully against the broader deterioration in momentum indicators.
2. T-Mobile US (TMUS) – 17 technical sell signals
Price: $170.42 | Daily change: -10.75%
View the full technical analysis of T-Mobile US
T-Mobile US is the sharpest single-day decliner among today’s candidates, falling nearly 11% to rank second on our bearish scanner with 17 sell signals. The move is particularly notable given that the company’s second-quarter results appeared broadly positive on the surface, with revenues rising and management citing strong postpaid account growth. When a stock sells off aggressively on what looks like good news, it is often a sign that expectations were already priced in at elevated levels or that a specific element of the report disappointed.
One area of concern that emerged from the earnings call was management’s decision to rule out an expanded partnership with Starlink, a move that some investors may have been expecting as a meaningful growth catalyst. The rejection of that opportunity appears to have weighed on sentiment, suggesting the market had attributed some value to that potential deal.
From a broader fundamental perspective, there are those who argue the stock carries significant upside relative to fair value estimates, and the collapse of Dish Wireless has reduced competitive pressure in the US wireless market. However, technical conditions now show 17 sell signals against 6 bull signals, indicating that short-term price momentum has turned decisively negative and warrants close monitoring.
3. Amazon (AMZN) – 15 technical sell signals
Price: $233.66 | Daily change: -4.57%
View the full technical analysis of Amazon
Amazon appears on our bearish scanner for the third spot with 15 sell signals, declining more than 4.5% on the day. The drop comes amid a cluster of newsworthy developments that have clearly unsettled market participants. Reports that the company has been reducing headcount within its Artificial General Intelligence division emerged over consecutive days, raising questions about the pace and direction of its AI investment strategy at a time when the entire sector is under intense scrutiny.
Compounding the negative sentiment, a Senate committee has launched an investigation into Amazon’s marketplace practices, focusing on alleged foreign influence over its platform and issues related to its Prime subscription service stemming from an FTC settlement. Regulatory and political risk of this nature is difficult to quantify but tends to create an overhang on the stock, particularly when it arrives alongside other negative headlines.
It is worth noting that at least one sell-side analyst remains constructive ahead of the upcoming quarterly earnings report, suggesting the business fundamentals remain solid. However, with 15 technical sell signals and only 4 bull signals, the near-term price action is under considerable pressure, and the combination of regulatory scrutiny and workforce reductions in a key growth division creates a more complex picture for investors to navigate.
4. Huntington Bancshares (HBAN) – 14 technical sell signals
Price: $17.40 | Daily change: -4.76%
View the full technical analysis of Huntington Bancshares
Huntington Bancshares ties for fourth on today’s scanner with 14 technical sell signals against only 4 bull signals, with shares losing nearly 5% on the session. The decline is somewhat at odds with the company’s reported second-quarter results, which management described as a strong quarter marked by organic growth in both loans and deposits, as well as improvement in net interest income and fee revenues. This kind of disconnect between reported fundamentals and price action is worth examining carefully.
One possible explanation is that the positive earnings results had already been anticipated by the market, which had bid the stock higher in the lead-up to the announcement. When results match or only modestly exceed expectations rather than delivering a meaningful upside surprise, profit-taking can set in swiftly. Rising expenses and higher loan loss provisions, also noted in the results, may have provided additional reason for caution.
Huntington’s recent expansion of its equity research coverage through a subsidiary drew some attention earlier in the month, with observers questioning whether the stock had become fully valued at current levels. With technical momentum now clearly negative and the price chart showing 14 bearish signals, the near-term risk-reward for the stock appears tilted to the downside from a purely technical standpoint, even if the underlying bank franchise continues to perform steadily.
5. Principal Financial Group (PFG) – 14 technical sell signals
Price: $107.32 | Daily change: -0.86%
View the full technical analysis of Principal Financial Group
Principal Financial Group rounds out today’s list, also registering 14 technical sell signals against 4 bull signals. The daily price decline is more modest than its peers on this list, at under 1%, but the scanner is flagging a broader pattern of technical deterioration that has been building over a longer timeframe. Earlier in the week, shares already underperformed the broader market on a day when the S&P 500 itself was only marginally lower, suggesting relative weakness that often precedes more significant moves.
The company is due to report its second-quarter earnings shortly, and analyst commentary has been mixed. While some coverage frames Principal as a strong momentum stock with positive longer-term prospects, the near-term technical picture tells a different story. Elevated bearish signal counts ahead of earnings releases can reflect institutional positioning or hedging activity, and the pattern here merits attention.
On the corporate development side, the company has been active with niche acquisitions, including moves in the dental benefits space. While such deals may support the business over the longer term, they are unlikely to act as short-term price catalysts. Investors monitoring PFG should weigh the earnings release carefully, as the outcome could either confirm the technical weakness or act as a catalyst that forces short-sellers to reassess their positioning.
Disclaimer: The content on this page is produced by the Wall Street Stock Investors Club for informational and educational purposes only. It does not constitute financial advice, a solicitation, or a recommendation to buy or sell any security. Technical signals are based on historical price and volume data and are not predictive of future performance. Investing in equities, and in particular short-selling, involves significant risk, including the possible loss of capital in excess of your initial investment. Always conduct your own research and consult a qualified financial adviser before making any investment decision.