Health Care, Energy See New US Momentum
AbbVie, APA, and Cardinal Health each saw their Altra Scores jump to 'Strong Bullish' this week, signaling fresh momentum in US Health Care and Energy.
- Visit the stock pages: ABBV, APA, CAH
- Sector XLV , which ranks #3 for Relative Strength (Altra Sector score of 63.0 with neutral regime.)
While the broader US market indicates a degree of caution, with its Altra Market score standing at 34.9 (Cautious) and weak breadth overall, a closer look reveals individual stocks carving out strong bullish momentum. The Altra Score, ranging from 0 to 100, quantifies a stock's momentum based on the alignment of its exponential moving averages (EMAs) and the trend of its Relative Strength Index (RSI) across daily, weekly, and monthly timeframes. A higher score denotes stronger bullish momentum. This week, three stocks across the Health Care and Energy sectors made notable shifts into "Strong Bullish" territory, suggesting pockets of strength even as the market urges prudence.
ABBV (AbbVie)
AbbVie, a prominent player in the Health Care sector, made a significant move on October 2, 2026, as its Altra Score leaped from a Neutral 59.9 to a Strong Bullish 82.6. This sharp increase indicates a decisive shift in its momentum profile. Despite the broader Health Care sector itself registering a Neutral Altra Sector score of 63.0 (ranking 3rd) and showing signs of losing relative strength (RS RSI 48.7), AbbVie's individual indicators painted a stronger picture. The stock is trading above its key EMAs, a classic sign of bullish trend, and has robust RSI readings across timeframes: 53.74 daily, 61.82 weekly, and a strong 74.84 monthly. This technical strength follows a bullish Weekly EMA Crossover observed back on June 5, 2026, which often precedes sustained upward movement.
APA (APA Corporation)
In the Energy sector, APA Corporation exhibited an even more dramatic reversal, with its Altra Score skyrocketing from a Bearish 39.6 to a Strong Bullish 85.6 on October 1, 2026. As of today, its score remains robust at 80.3, maintaining its Strong Bullish standing. This significant upgrade is particularly noteworthy given the strong backdrop of the Energy sector, which currently holds a Bullish Altra Sector score of 82.0 (ranking 2nd) and is identified as a confirmed leader that is accelerating its relative strength (RS RSI 53.0). APA Corporation is comfortably positioned above its key EMAs, reflecting its strong price action. Its RSI values of 53.11 daily, 64.06 weekly, and 73.38 monthly further underscore the bullish sentiment. The stock's momentum shift builds upon a bullish Weekly EMA Crossover that occurred more than a year ago, on August 22, 2025, suggesting a sustained underlying trend now gaining renewed acceleration.
CAH (Cardinal Health)
Returning to the Health Care sector, Cardinal Health also experienced a powerful surge in momentum, moving from a Neutral 51.1 to a Strong Bullish 94.0 on October 1, 2026. While its score has since adjusted to 69.6, it still maintains a Bullish Altra Score, signaling continued positive momentum. Similar to AbbVie, Cardinal Health's strong individual performance comes even as its sector is rated Neutral and shows signs of flagging relative strength. Cardinal Health is trading above its key EMAs. Its RSI figures of 48.78 daily, 53.17 weekly, and 64.77 monthly, while not as aggressive as AbbVie's on the daily, still support a bullish stance over longer timeframes. The stock's current momentum follows a bullish Weekly EMA Crossover established earlier, on August 16, 2024, indicating a foundational strength that has now intensified.
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.