US Momentum Shifts: Salesforce, Fastenal, Palantir
Salesforce, Fastenal, and Palantir all flipped bullish with Altra Scores of 69.5, 82.7, and 62.1, respectively, signaling cross-sector momentum shifts.
- Visit the stock pages: CRM, FAST, PLTR
- Sector USTECH , which ranks #1 for Relative Strength (Altra Sector score of 74.0 with bullish regime.)
The US market on July 13, 2026, presented an interesting picture of improving breadth, with the Altra Market score at 63.6, suggesting that while conditions are improving, a selective approach, favoring high-quality setups, remains prudent. Overall, 63.82% of stocks were trading above their 20-day EMA, with similar readings for the 50-day and 200-day EMAs, alongside 277 advances against 226 declines. This context saw several individual names make notable momentum shifts.
To understand these shifts, it helps to know how AltraOne tracks momentum. The Altra Score measures a stock's momentum from 0-100, based on exponential moving average (EMA) alignment and Relative Strength Index (RSI) trends across daily, weekly, and monthly timeframes. A higher score indicates stronger bullish momentum. The Altra Market score reflects overall market breadth by tracking the percentage of stocks above key EMAs, offering a read on the market's underlying texture. Similarly, the Altra Sector score applies this analysis at the sector level, providing insights into a sector's health and a relative strength rank against other sectors.
Salesforce (CRM)
Salesforce, a prominent name in the US Technology sector, experienced a significant momentum uplift on July 13, 2026. Its Altra Score surged from 28.1 (Bearish) to 69.5 (Bullish) in a single session. This move places CRM firmly within a sector showing strength; US Technology currently holds an Altra Sector score of 74.0, ranking as the #1 bullish sector and identified as a confirmed leader that is accelerating. This sector performance suggests a supportive environment for stocks within its domain.
Looking at CRM's technical underpinnings, the stock is now positioned above key exponential moving averages across multiple timeframes, indicating favorable price action. Its momentum is also "top-down aligned," meaning bullish signals are present from the longer monthly timeframe down to the daily. While an earlier bearish Weekly EMA Crossover was noted on March 14, 2025, the recent price action and score jump indicate a strong shift in short-term and medium-term momentum. The daily RSI stands at 55.02, showing room for further upward movement before becoming overbought, though weekly and monthly RSIs are lower at 43.11 and 31.94, suggesting the current bullish thrust is primarily driven by recent price action and shorter-term trends.
Fastenal (FAST)
In the US Industrials sector, Fastenal saw its Altra Score jump from 58.8 (Neutral) to a robust 82.7 (Strong Bullish) on July 13, 2026. This is a substantial move, reflecting strengthening momentum for the industrial distributor. The US Industrials sector itself maintains a bullish Altra Sector score of 73.0, ranking #2 and also identified as a confirmed leader with accelerating relative strength. This strong sector backdrop provides a tailwind for names like Fastenal.
Fastenal's technical profile shows it trading above its key EMAs, and its momentum is also top-down aligned. This alignment across daily, weekly, and monthly timeframes underscores the strength of its current momentum. Notably, Fastenal had a bullish Weekly EMA Crossover on January 30, 2026, which further reinforces the positive trend. Its RSI readings across all timeframes—daily at 53.9, weekly at 55.27, and monthly at 62.59—all sit comfortably in bullish territory without being overextended, particularly the monthly RSI, which indicates sustained longer-term strength. This combination of strong sector, aligned momentum, and healthy RSI readings paints a picture of conviction.
Palantir Technologies (PLTR)
Another US Technology stock, Palantir Technologies, also demonstrated a significant momentum turnaround, with its Altra Score climbing from 25.8 (Bearish) to 62.1 (Bullish) on July 13, 2026. Similar to Salesforce, Palantir benefits from being in the #1 ranked US Technology sector, which is showing strong leadership and acceleration. This broader sector strength provides a supportive framework for individual constituents like PLTR to gain momentum.
Palantir's current technical posture shows it trading above key EMAs, with its momentum also top-down aligned, signalling a synchronized bullish trend across timeframes. However, like Salesforce, it also experienced a bearish Weekly EMA Crossover on February 6, 2026. Despite this earlier signal, the recent surge in its Altra Score and its current price action above key EMAs suggest that newer, stronger bullish forces are at play. Its daily RSI is at 51.43, indicating fresh buying interest, while weekly and monthly RSIs (45.52 and 50.31 respectively) are now moving towards more neutral-to-bullish territory, supporting the recent shift in momentum.
The simultaneous shift to bullish momentum for Salesforce and Palantir within the leading US Technology sector, coupled with Fastenal's move to strong bullish in the high-ranking US Industrials sector, highlights a cross-sector strengthening in positive momentum across the US market. While market breadth is improving, the distinct bullish reversals in these individual names, supported by their respective sector trends and aligned technical indicators, offer insights into specific areas where momentum is building.
What is the Altra Score? The Altra Score is AltraOne's proprietary momentum score for individual stocks, ranging from 0 to 100. It measures EMA structure and RSI momentum across multiple timeframes. A score above 60 is Bullish, below 40 is Bearish, and 40–60 is Neutral. The score is updated every trading day after market close based on end-of-day data.
Explore the full Signal History on AltraOne to see every EMA crossover signal across your watchlist — going back 52 weeks. The weekly EMA crossover is AltraOne's highest-conviction intermediate momentum signal; the Signal History page lets you track how these have played out over time.
Altra Score is a momentum indicator reflecting EMA alignment and RSI trend across daily, weekly, and monthly timeframes. It is not investment advice. Past momentum does not guarantee future performance. Please consult a SEBI-registered advisor before making investment decisions.