JPM 3Q26 Top Shorts — Squeeze vs. Valid Short
J.P. Morgan's high-conviction short ideas run through our MA-stretch (composite 21/65/200-day Z), RSI, trend & STORM forward-return read — bucketed into valid shorts vs bounce / squeeze risk · Data through August 31, 2026 · Updated August 31, 2026 · 6:48 PM ET
JPM shorts
high-conviction ideas, 3Q26
✓ Valid shorts
8
extended fade / downtrend + neg edge
⚠ Bounce / squeeze
8
washed-out or uptrending — short risk
⏱ Reported since screen
8 confirmed · 6 against · 3 pending
📄 JPM source list (3Q26)
J.P. Morgan surveyed its top analysts for their highest-conviction short ideas into 3Q26. We ran each through our own technicals — the composite MA-stretch Z (blended 21/65/200-day distance vs 2-yr history), RSI, trend (vs the 200-day), recent momentum, and a STORM forward-return read (median & win-rate over the next 21 sessions when the name was at a similar stretch) — to separate the valid shorts (extended into a fade, or downtrending with a negative forward edge) from the bounce / squeeze risks (washed-out or trending up, where shorting invites a squeeze). This is a purely technical timing overlay on JPM's fundamental calls.
Valid short Bounce / squeeze risk Neutral / mixed
TickerCompanySectorPrice Stretch ZRSITrend20dSTORM fwd21Verdict
SBGI UWSinclairMedia/Tel$14.10-0.3248▼ down -2%+1.3%-1.2% / 45%VALID SHORT · TREND
TU UWTELUSMedia/Tel$9.68-0.9242▼ down -19%+0.9%-1.4% / 43%VALID SHORT · TREND
FND NFloor & DecorConsumer$50.27-0.7634▼ down -14%-11.9%-2.2% / 43%VALID SHORT · TREND
FCEL UWFuelCell EnergyEnergy$17.23-0.3341▲ up +30%-19.3%-2.8% / 43%VALID SHORT
QDEL UWQuidelOrthoHealthcare$14.43-0.2545▼ down -26%-18.5%-4.2% / 41%VALID SHORT · TREND
MOS UWMosaicMaterials$24.12+0.6059▼ down -0%+10.6%-4.5% / 30%VALID SHORT · TREND
CAR UWAvis BudgetConsumer$147.49-0.1952▼ down -6%+6.2%-6.8% / 29%VALID SHORT · TREND
BMEA UWBiomea FusionHealthcare$1.68+1.6771▲ up +23%+40.0%-25.7% / 7%VALID SHORT
PINS NPinterestMedia/Tel$21.71-0.1439▼ down -2%-10.1%-0.2% / 50%NEUTRAL / MIXED
BF-B UWBrown-FormanConsumer$26.57+0.1240▼ down -2%-4.5%-0.6% / 46%NEUTRAL / MIXED
UDR UWUDRFinancials$36.95-0.5339▲ up +1%-4.1%-0.9% / 45%NEUTRAL / MIXED
RIG UWTransoceanEnergy$5.81+0.2257▲ up +5%+12.8%-1.8% / 46%NEUTRAL / MIXED
WIX UWWix.comTechnology$88.25+2.0172▲ up +16%+55.3%-1.8% / 41%NEUTRAL / MIXED
REXR UWRexford IndustrialFinancials$37.04+0.5252▲ up +2%-1.7%-1.9% / 37%NEUTRAL / MIXED
CVI UWCVR EnergyEnergy$41.86+1.5570▲ up +38%+27.7%+4.8% / 65%POOR SHORT · UPTREND
RYAN UWRyan SpecialtyFinancials$42.18+0.3048▲ up +1%-3.0%+4.1% / 66%BOUNCE LEAN
IREN UWIRENMedia/Tel$37.12-0.8244▼ down -19%-6.6%+3.8% / 56%BOUNCE LEAN
IMO UWImperial OilEnergy$131.34-0.0052▲ up +14%+3.9%+3.2% / 60%BOUNCE LEAN
KALU UWKaiser AluminumMaterials$158.78-0.7645▲ up +10%-3.1%+2.6% / 59%BOUNCE LEAN
GFL UWGFL EnvironmentalIndustrials$42.29+0.7358▲ up +3%+0.7%+1.7% / 65%BOUNCE LEAN
FHI UWFederated HermesFinancials$63.65+0.0755▲ up +15%+0.1%+1.6% / 58%BOUNCE LEAN
INTC UWIntelTechnology$89.51-0.6542▲ up +22%-1.6%+1.1% / 55%POOR SHORT · UPTREND
SOBO UWSouth BowEnergy$37.7756▲ up +17%+4.3%INSUFFICIENT DATA
MRNA UWModernaHealthcare$140.34+3.1964▲ up +168%+154.5%INSUFFICIENT DATA
RXST UWRxSightHealthcare$7.33+1.7770▼ down -4%+16.5%INSUFFICIENT DATA
How to read it: the bottom-right of the map (extended up, negative forward edge) is the sweet spot for a short; the top-left (washed-out, positive forward edge) is where a short is most likely to get squeezed. Stretch Z < 0 = below the moving-average complex, > 0 = above it. STORM fwd21 is the median forward 21-session return at the name's current stretch — positive favours a bounce, negative favours continuation lower. Small-history names may lack a forward read.
⏱ Earnings — key dates & post-report results
Each short tracked into its next earnings date — the key catalyst for a short thesis — with results scored only for reports landing on or after our July 11 screen (so the calendar fills in as names report through 3Q26). For a name that has reported, the post-report reaction and the move since tell us whether the technical read held: ✓ confirmed means the name moved the way our call implied (valid shorts down, squeeze-risks up). 22 reported since the screen · 8 confirmed · 6 against · 3 still pending.
TickerOur callEarnings dateWhen Reaction 1dSinceResult
QDELVALID SHORT · TRENDAug 6, 202625d ago-29.8%-17.5%✓ confirmed
SOBOINSUFFICIENT DATAAug 5, 202626d ago-2.3%+4.5%
RIGNEUTRAL / MIXEDAug 5, 202626d ago-1.1%+11.3%
BMEAVALID SHORTAug 5, 202626d ago+1.6%+36.6%✗ against
RXSTINSUFFICIENT DATAAug 5, 202626d ago-2.7%+17.3%
SBGIVALID SHORT · TRENDAug 5, 202626d ago+5.5%+0.8%✗ against
MOSVALID SHORT · TRENDAug 4, 202627d ago+7.3%+10.6%✗ against
PINSNEUTRAL / MIXEDAug 4, 202627d ago-3.3%-10.1%
WIXNEUTRAL / MIXEDAug 4, 202627d ago+13.6%+55.3%
IMOBOUNCE LEANJul 31, 202631d ago-1.9%+2.0%✓ confirmed
MRNAINSUFFICIENT DATAJul 31, 202631d ago-4.8%+142.3%
TUVALID SHORT · TRENDJul 31, 202631d ago-11.0%-10.1%✓ confirmed
FNDVALID SHORT · TRENDJul 30, 202632d ago+3.2%-9.8%✓ confirmed
FHIBOUNCE LEANJul 30, 202632d ago-0.2%+6.6%✓ confirmed
RYANBOUNCE LEANJul 30, 202632d ago-5.0%-9.0%✗ against
GFLBOUNCE LEANJul 29, 202633d ago+5.7%+8.0%✓ confirmed
CVIPOOR SHORT · UPTRENDJul 29, 202633d ago+12.9%+24.5%✓ confirmed
CARVALID SHORT · TRENDJul 28, 202634d ago-5.4%-9.9%✓ confirmed
UDRNEUTRAL / MIXEDJul 27, 202635d ago-1.5%-6.3%
REXRNEUTRAL / MIXEDJul 23, 202639d ago+6.1%+0.7%
INTCPOOR SHORT · UPTRENDJul 23, 202639d ago-10.0%-12.8%✗ against
KALUBOUNCE LEANJul 22, 202640d ago+9.9%-3.0%✗ against
BF-BNEUTRAL / MIXEDSep 2, 2026in 2d⏳ pending
FCELVALID SHORTSep 2, 2026in 2d⏳ pending
IRENBOUNCE LEANNov 5, 2026in 66d⏳ pending
Earnings dates via Yahoo Finance (future quarters are estimates, subject to confirmation). Reaction 1d = first close after the report vs the last close before it; Since = latest close vs that pre-earnings close. Move coloring is by direction (green up / red down); the Result column applies the short-thesis lens. A dash means history is too short or the date is unconfirmed.