Our technical indicator scanner sweeps the S&P 500 and Nasdaq 100 each trading day, tallying bullish and bearish signals across a broad range of momentum, trend, and volume-based tools. On 23 July 2026, five names stood out with particularly strong bull-signal counts, ranging from 13 to 16 positive triggers against minimal bearish readings. Here are the top five technical buy signals identified today.
1. Expand Energy (EXE) – 16 technical buy signals
Price: $93.17 (+5.18% on the day) — Bull signals: 16 — Bear signals: 4
View the full technical analysis of Expand Energy
Expand Energy shares posted a meaningful gain on 23 July, generating 16 bullish technical triggers against only 4 bearish ones — one of the strongest readings across the entire S&P 500 today. The stock’s momentum and trend indicators appear well-aligned, suggesting that buyers have been firmly in control of price action over the near term.
From a fundamental backdrop, Expand Energy has attracted notable attention in recent months as a potential value opportunity within the natural gas space. Analyst commentary has pointed to the stock trading below what several models suggest is fair value, even after a multi-year run of substantial gains. Billionaire investor Howard Marks has reportedly expressed interest in the stock’s upside potential, lending it additional visibility among institutional observers.
The company has also featured on several screens targeting affordable and undervalued energy names. While one analyst trimmed a price target ahead of first-quarter results earlier in the year, the broader sentiment appears constructive. Investors should review the full technical picture before drawing conclusions, as strong daily moves in the energy sector can reflect broader commodity swings as much as company-specific developments.
2. Supermicro (SMCI) – 16 technical buy signals
Price: $30.56 (+19.84% on the day) — Bull signals: 16 — Bear signals: 0
View the full technical analysis of Supermicro
Super Micro Computer delivered the most eye-catching session of the day, surging nearly 20% and registering a perfect score of 16 bullish technical signals with zero bearish counterparts. That clean sweep across our indicator set is rare, and it reflects an unusually broad alignment of momentum, trend, and volume signals all pointing in the same direction simultaneously.
The catalyst appears rooted in the company’s preliminary fourth-quarter update released on 22 July, in which management significantly revised its gross margin guidance upward — from a range in the mid-single digits to a range of roughly 15% to 17%. The company also highlighted a record order backlog exceeding $60 billion, which retail and institutional traders interpreted as a signal that AI-related server demand remains robust despite recent sector-wide jitters.
Not all observers were immediately swayed: at least one major investment bank was reported to be maintaining a cautious stance despite the share price move. Revenues also appeared to fall short of some expectations, creating a mixed picture beneath the headline enthusiasm. As always with volatile technology names, the technical strength should be considered alongside the full fundamental context before any investment decision is made.
3. EQT Corporation (EQT) – 15 technical buy signals
Price: $54.01 (+8.45% on the day) — Bull signals: 15 — Bear signals: 5
View the full technical analysis of EQT Corporation
EQT Corporation, one of the largest natural gas producers in the United States, secured third place on today’s scanner with 15 bullish technical signals and 5 bearish ones. The stock gained over 8% on the session, a move that appears to have been driven in part by the publication of its second-quarter 2026 earnings results the previous evening.
The quarterly figures were a mixed affair: EQT’s adjusted earnings per share came in slightly below consensus expectations, and revenues also missed some analysts’ estimates. Year-on-year earnings declined modestly as well. However, markets occasionally look past near-term misses when the broader operational or strategic picture is considered encouraging, and the 8% gain suggests that at least some investors found reasons for optimism in the accompanying commentary or guidance.
The longer-term fundamental picture for EQT has been supported by Moody’s upgrading the company’s ratings outlook to positive earlier in the year, citing the firm’s financial trajectory. The stock has also featured on value-oriented screens, with commentators highlighting its long-term positioning in the North American natural gas market. Investors should note that energy stocks can be sensitive to commodity price movements that may not always be reflected in technical signals alone.
4. Freeport-McMoRan (FCX) – 14 technical buy signals
Price: $65.00 (+3.90% on the day) — Bull signals: 14 — Bear signals: 3
View the full technical analysis of Freeport-McMoRan
Freeport-McMoRan, the world’s largest publicly traded copper producer, appears in fourth place today with 14 bullish technical signals and just 3 bearish ones. The stock advanced nearly 4% on the session, continuing what has been a broadly positive run for copper and base metals equities in recent weeks amid expectations of sustained industrial demand.
Analyst commentary published around the same period highlighted that favorable commodity price trends have been expected to support revenues across the mining sector, with FCX specifically named alongside other major miners as a beneficiary. Copper’s role as a key input in electrical infrastructure, electric vehicles, and data centre construction has kept investor interest elevated, even during broader market volatility.
It is worth noting that the wider equity market experienced a degree of turbulence in the days leading up to today’s session, with the S&P 500 and Nasdaq both facing headwinds from weakness in semiconductor and AI-related names. The relative strength of FCX in that environment may itself be technically significant. Nevertheless, commodity-linked equities carry exposure to global growth expectations and currency movements, factors that technical signals alone cannot fully capture.
5. Newmont (NEM) – 13 technical buy signals
Price: $95.75 (+3.52% on the day) — Bull signals: 13 — Bear signals: 1
View the full technical analysis of Newmont
Newmont Corporation, the world’s largest gold miner, rounds out today’s top five with 13 bullish technical signals and only a single bearish one. The stock gained 3.52% on the session, continuing a trend of outperformance that has attracted growing analyst attention over the past several weeks as gold prices have remained firm.
TD Cowen recently upgraded Newmont to a buy rating, citing what it described as a compelling entry point following a period of share price consolidation. The stock has also appeared on screens for attractively valued blue-chip names, with some valuation analyses suggesting the shares have not fully reflected the company’s cash flow generation. Newmont has highlighted record cash flow figures in recent operational updates, alongside what it characterises as disciplined cost management across its global asset base.
With second-quarter results anticipated imminently, the stock enters earnings season with a constructive technical backdrop and supportive gold price dynamics. The company’s performance is closely tied to the gold price, which in turn is sensitive to real interest rates, US dollar movements, and broader risk sentiment — all variables that lie outside the scope of technical analysis. Investors should factor in these macro considerations when assessing the signal from our scanner.
Disclaimer: This blog post is produced for informational and educational purposes only and does not constitute financial advice, a recommendation to buy or sell any security, or an invitation to invest. Technical signals reflect past and present price behaviour and are not a guarantee of future performance. All investments carry risk, including the possible loss of capital. Members should conduct their own research and, where appropriate, seek independent financial advice before making any investment decision. The Wall Street Stock Investors Club does not hold positions in any of the securities mentioned unless separately disclosed.