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The Strat Lab Report: May 05, 2026

Nigel Johnson Maximus
1 min read
Trading screens showing TheStrat price action chart analysis
Maximus | Daily Trade Ideas
SwingTheStrat ยท The Swing Radar ยท May 05, 2026
Tech Titans: Why CIEN and CLS Lead the Charge
Daily brief for swing traders using TheStrat.
Cycle Strength  Strong Bullish
Mood  Greed
Posture  Press with Conviction

The current market regime is characterised by a strong bullish posture across major indices, including QQQ, SPY, IWM, and DIA. The indices are pulling back to ascending moving averages, indicating a continuation of upward momentum. The market cycle has maintained a bullish posture for consecutive days, reinforcing a mood of 'Greed'. The current market regime is characterised by a strong bullish posture across major indices, including QQQ, SPY, IWM, and DIA. The indices are pulling back to ascending moving averages, indicating a continuation of upward momentum. The market cycle has maintained a bullish posture for consecutive days, reinforcing a mood of 'Greed'.

Biotechnology (9)
Software - Application (7)
Software - Infrastructure (7)
Financial - Capital Markets (5)
Computer Hardware (3)
Hardware, Equipment & Parts (3)
Semiconductors (2)
Internet Content & Information (2)
Communication Equipment (2)
Aerospace & Defense (2)
Oil & Gas Equipment & Services (2)
Medical - Instruments & Supplies (1)
Oil & Gas Midstream (1)
Oil & Gas Refining & Marketing (1)
Information Technology Services (1)
Luxury Goods (1)
Industrial Materials (1)
Oil & Gas Drilling (1)
Financial - Credit Services (1)
Telecommunications Services (1)
Medical - Healthcare Information Services (1)
Medical - Devices (1)
1. NAVN [2u-2u-2dG]
A-tier
NAVN demonstrates a potent 2-down Green reversal with a StratLab score of 46/100, supported by a robust HV Signature and RS Elite status.
2. MARA [2u-2uR-2dG]
A-tier
MARA showcases a strategic reclaim structure with a score of 39/100, bolstered by a strong RS Elite and HV Signature.
3. RIOT [2u-2uR-2dG]
A-tier
RIOT is positioned with a 2-down Green reversal and a score of 25/100, highlighting its reclaim structure and Stage 2 Trend.
4. CIEN [2u-2u-1]
S-tier
CIEN stands out with a StratLab score of 58/100, driven by its elite HV Signature and RS Elite status, confirming its leadership role.
5. CLS [2u-2u-1,Hammer]
A-tier
CLS exhibits a strong reclaim structure with a score of 40/100, supported by its HV Signature and Stage 2 Trend.
1
NAVN Execution: Monitor NAVN for entry signals around its reclaim levels, ensuring adherence to risk parameters.
2
MARA Strategy: Focus on MARA's reclaim structure, leveraging its RS Elite status for potential upside.
3
RIOT Play: Engage RIOT with a focus on its Stage 2 Trend, maintaining strict risk management protocols.
4
CIEN Leadership: Prioritise CIEN for its leadership role, capitalising on its HV Signature and RS Elite confirmation.
5
CLS Approach: Target CLS for its reclaim structure, ensuring alignment with its Stage 2 Trend.
๐Ÿ›ก๏ธ Final Thoughts from Maximus
The focus list reveals a strong concentration in technology and financial services, underscoring the thematic convergence in reclaim structures. Traders should maintain disciplined risk management, leveraging the current bullish regime to optimise entry points and maximise returns.
NAVN 2u-2u-2dG
MARA 2u-2uR-2dG
RIOT 2u-2uR-2dG
CIEN 2u-2u-1
CLS 2u-2u-1,Hammer
TV Import List: NAVN, MARA, RIOT, CIEN, CLS
SEZL [2dG-2u-2u,Shooter]
PL [2u-2u-2u]
WYFI [2uR-2u-2u]
GLXY [2u-2uR-2u]
SNDK [2uR-3u-2u]
NBIS [2uR-2u-2u]
KVYO [2dG-2u-2u,Shooter]
REAL [1-3d-2u]
AXTI [2u-2u-2u]
QURE [2u-1-2u]
SGML [2uR-2dG-2u]
SEI [2dG-1-3u]
NVCR [2u-2u-2u]
WDC [1-3u-2u]
MXL [2u-2u-2u,Shooter]
VG [2u-2d-2u]
RBRK [2dG-2uR-2u]
QBTS [2u-2u-2u]
LITE [2u-2u-2uR]
NTLA [2u-1-2u]
PENG [2u-2u-2u]
VRNS [1-2uR-2dG]
MLYS [2u-2u-2u]
PGY [2u-2u-2u,Shooter]
PRCH [2d-2u-2u]
TVTX [2u-2u-2u]
HUBS [2dG-2u-2u]
PBF [3u-1-2u]
TTAN [2dG-2uR-2u]
RCUS [2u-2u-2u]
VERX [2dG-2u-2u,Shooter]
RDDT [2u-2u-2uR]
IRDM [2u-2u-3u]
TEM [2u-2uR-2u]
NET [2d-2u-2u]
LIF [2u-2u-2u]
GTLB [2dG-2u-2u]
RLAY [2dG-2uR-3u,Randy Jackson]
RGTI [2u-2u-2u,Shooter]
SOC [2u-2d-2u]
QLYS [2uR-2d-2u,Randy Jackson]
PRCT [2uR-1-2u]
PATH [2d-2u-2u]
TNGX [2d-2d-2u]
WULF [2u-2uR-1]
IREN [2u-2uR-2u]
PUMP [2dG-1-2dG]
ORKA [1-2d-2dG]
RKLB [2u-2uR-2dG]
TRVI [3d-1-3u]
TV Import List: SEZL, PL, WYFI, GLXY, SNDK, NBIS, KVYO, REAL, AXTI, QURE, SGML, SEI, NVCR, WDC, MXL, VG, RBRK, QBTS, LITE, NTLA, PENG, VRNS, MLYS, PGY, PRCH, TVTX, HUBS, PBF, TTAN, RCUS, VERX, RDDT, IRDM, TEM, NET, LIF, GTLB, RLAY, RGTI, SOC, QLYS, PRCT, PATH, TNGX, WULF, IREN, PUMP, ORKA, RKLB, TRVI
CAR
ALMU
LWLG
AXTI
ATOM
WOLF
CRML
AAOI
FCEL
ERAS
NVTS
FSLY
AEHR
LPTH
MXL
BKSY
SPIR
UAMY
BETR
FLY
NN
INBX
SMR
UMAC
CMPO
GRPN
USAR
OKLO
LUNR
AOSL
TSSI
BBNX
JBIO
DOCN
PL
QURE
AMPX
SEDG
SGML
NNE
QDEL
WYFI
HIMS
FIG
CIFR
VICR
AEVA
FUBO
IONQ
QBTS
BE
NBIS
ORKA
NTLA
BAND
CDNA
AMSC
ANAB
FLNC
APLD
PSIX
RCAT
GLXY
CRCL
CRWV
LTBR
WIX
LITE
CSIQ
IREN
OUST
KOD
ASTS
TNGX
TTMI
CRDO
SEZL
RGTI
SOC
UUUU
PHAT
RLAY
NAVN
WULF
ASGN
SYRE
CRVS
VOYG
PLAY
PRCH
LEU
MARA
NSP
ALAB
VIAV
METC
LASR
RKLB
CCOI
WLAC
TV Import List: CAR, ALMU, LWLG, AXTI, ATOM, WOLF, CRML, AAOI, FCEL, ERAS, NVTS, FSLY, AEHR, LPTH, MXL, BKSY, SPIR, UAMY, BETR, FLY, NN, INBX, SMR, UMAC, CMPO, GRPN, USAR, OKLO, LUNR, AOSL, TSSI, BBNX, JBIO, DOCN, PL, QURE, AMPX, SEDG, SGML, NNE, QDEL, WYFI, HIMS, FIG, CIFR, VICR, AEVA, FUBO, IONQ, QBTS, BE, NBIS, ORKA, NTLA, BAND, CDNA, AMSC, ANAB, FLNC, APLD, PSIX, RCAT, GLXY, CRCL, CRWV, LTBR, WIX, LITE, CSIQ, IREN, OUST, KOD, ASTS, TNGX, TTMI, CRDO, SEZL, RGTI, SOC, UUUU, PHAT, RLAY, NAVN, WULF, ASGN, SYRE, CRVS, VOYG, PLAY, PRCH, LEU, MARA, NSP, ALAB, VIAV, METC, LASR, RKLB, CCOI, WLAC
๐Ÿงฉ Thematic Deep Dive
Ranked by Average Relative Strength (1W). Focus on clusters leading the market move.
Biotechnology Avg RS: 57.4 ยท 9 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
QURE
2u-1-2u
60.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€
NTLA
2u-1-2u
51.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ
MLYS
2u-2u-2u
50.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€
TVTX
2u-2u-2u
49.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿ‘‘
RCUS
2u-2u-2u
45.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ‘‘
RLAY
2dG-2uR-3u,Randy Jackson
36.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ“ˆ ๐Ÿ‘‘
TNGX
2d-2d-2u
30.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ‘‘
ORKA
1-2d-2dG
27.0/100
StratLab 2dG
๐Ÿ›ก๏ธ ๐Ÿ‘‘
TRVI
3d-1-3u
27.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ‘‘
Software - Application Avg RS: 90.7 ยท 7 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
PRCH
2d-2u-2u
49.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น
HUBS
2dG-2u-2u
48.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿ“ˆ
NAVN
2u-2u-2dG
46.0/100
2dG FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น
TTAN
2dG-2uR-2u
46.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ’น ๐Ÿ“ˆ
VERX
2dG-2u-2u,Shooter
45.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น
LIF
2u-2u-2u
43.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ“ˆ
GTLB
2dG-2u-2u
39.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น
Software - Infrastructure Avg RS: 88.8 ยท 7 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
KVYO
2dG-2u-2u,Shooter
63.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ
RBRK
2dG-2uR-2u
55.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ
VRNS
1-2uR-2dG
50.0/100
StratLab 2dG
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€
PGY
2u-2u-2u,Shooter
50.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€
NET
2d-2u-2u
43.0/100
๐Ÿ† Leader StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ‘‘
QLYS
2uR-2d-2u,Randy Jackson
32.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น
PATH
2d-2u-2u
31.0/100
StratLab FTFC
๐Ÿ”ฅ
Financial - Capital Markets Avg RS: 80.7 ยท 5 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
GLXY
2u-2uR-2u
65.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ‘‘
MARA
2u-2uR-2dG
39.0/100
StratLab 2dG
๐Ÿ›ก๏ธ ๐Ÿ’น
WULF
2u-2uR-1
30.0/100
StratLab Inside FTFC
๐Ÿ›ก๏ธ ๐Ÿ‘‘
IREN
2u-2uR-2u
29.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ‘‘
RIOT
2u-2uR-2dG
25.0/100
StratLab 2dG FTFC
๐Ÿ›ก๏ธ ๐Ÿ‘‘
Computer Hardware Avg RS: 89.6 ยท 3 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
WDC
1-3u-2u
60.0/100
๐Ÿ† Leader StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ ๐Ÿ‘‘
QBTS
2u-2u-2u
54.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€
RGTI
2u-2u-2u,Shooter
34.0/100
StratLab FTFC
๐Ÿ›ก๏ธ
Hardware, Equipment & Parts Avg RS: 80.3 ยท 3 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
SNDK
2uR-3u-2u
64.0/100
๐Ÿ† Leader StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ ๐Ÿ‘‘
PENG
2u-2u-2u
51.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ‘‘
CLS
2u-2u-1,Hammer
40.0/100
๐Ÿ† Leader StratLab Inside
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ“ˆ ๐Ÿ‘‘
Semiconductors Avg RS: 99.8 ยท 2 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
AXTI
2u-2u-2u
60.0/100
๐Ÿ† Leader StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ ๐Ÿ‘‘
MXL
2u-2u-2u,Shooter
59.0/100
๐Ÿ† Leader StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ‘‘
Internet Content & Information Avg RS: 91.3 ยท 2 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
NBIS
2uR-2u-2u
63.0/100
๐Ÿ† Leader StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ‘‘
RDDT
2u-2u-2uR
45.0/100
๐Ÿ† Leader StratLab
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ“ˆ
Communication Equipment Avg RS: 90.9 ยท 2 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
CIEN
2u-2u-1
58.0/100
๐Ÿ† Leader StratLab Inside
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ ๐Ÿ‘‘
LITE
2u-2u-2uR
54.0/100
๐Ÿ† Leader StratLab
๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ ๐Ÿ‘‘
Aerospace & Defense Avg RS: 61.1 ยท 2 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
PL
2u-2u-2u
65.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ‘‘
RKLB
2u-2uR-2dG
27.0/100
StratLab 2dG
๐Ÿ›ก๏ธ ๐Ÿ‘‘
Oil & Gas Equipment & Services Avg RS: 59.1 ยท 2 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
SEI
2dG-1-3u
60.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿš€ ๐Ÿ“ˆ ๐Ÿ‘‘
PUMP
2dG-1-2dG
28.0/100
StratLab 2dG
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ‘‘
Medical - Instruments & Supplies Avg RS: 99.4 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
NVCR
2u-2u-2u
60.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ‘‘
Oil & Gas Midstream Avg RS: 95.3 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
VG
2u-2d-2u
56.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ’น ๐Ÿš€
Oil & Gas Refining & Marketing Avg RS: 94.4 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
PBF
3u-1-2u
48.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น
Information Technology Services Avg RS: 93.1 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
WYFI
2uR-2u-2u
65.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ
Luxury Goods Avg RS: 93.0 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
REAL
1-3d-2u
63.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ‘‘
Industrial Materials Avg RS: 91.4 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
SGML
2uR-2dG-2u
60.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ‘‘
Oil & Gas Drilling Avg RS: 89.4 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
SOC
2u-2d-2u
34.0/100
StratLab FTFC
๐Ÿ”ฅ ๐Ÿ’น
Financial - Credit Services Avg RS: 89.1 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
SEZL
2dG-2u-2u,Shooter
66.0/100
๐Ÿ† Leader StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿš€ ๐Ÿ“ˆ ๐Ÿ‘‘
Telecommunications Services Avg RS: 87.1 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
IRDM
2u-2u-3u
44.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น ๐Ÿ‘‘
Medical - Healthcare Information Services Avg RS: 85.3 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
TEM
2u-2uR-2u
44.0/100
StratLab FTFC
๐Ÿ›ก๏ธ ๐Ÿ’น
Medical - Devices Avg RS: 75.1 ยท 1 Tickers
TICKER
STRAT
SCORE
SCAN CONVERGENCE
SIGNALS
PRCT
2uR-1-2u
31.0/100
StratLab FTFC
๐Ÿ”ฅ
๐Ÿงฉ Signal Legend
๐Ÿ’Ž Focus Setup
๐Ÿ”ฅ HV Signature
๐Ÿ›ก๏ธ Structural Reclaim
๐Ÿ’น RS Elite (>90)
๐Ÿš€ Industry Leader
๐Ÿ“ˆ Growth Accel
๐Ÿ‘‘ Stage 2 Trend
ยฉ 2026 SWINGTHESTRAT
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Frequently Asked Questions

What timeframes should I use with TheStrat?

The framework is fractal. You can use it on any timeframe, but we recommend the 60m, Daily, and Weekly for swing trading.

Can I trade against FTFC?

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What is the main edge of TheStrat?

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Why do broadening formations matter?

Because they show price discovery in motion. The market is expanding, testing both sides of the range, and telling you where real decisions are likely to happen.