VTRS

Healthcare · Pharmaceuticals

17.60

+0.80% · 2026-10-02

Wait

pending buy now

reward/risk

Trade priority: #21 · 58.3

Data coverage: 100%

Setup: no setup · 2026-10-02

News: negative

Next catalyst: Earnings in 22 sessions

Trade plan

PRE_BREAKOUT_SWING_V1_1 · valid until close of 2026-10-05, a material event, or strategy invalidation · shared by every portfolio profile

Action: WAITblocked: reward/risk
Trigger: 17.55close above resistance confirmed · close 0.3% / 0.11 ATR above the trigger
Entry zone: 17.53–17.75reference 17.60
Initial stop: 16.824.4% · risk 0.78/sh
Target 1: 18.88+7.3% · R:R 1.64 (below minimum)
Target 2: 19.78+12.4% · R:R 2.79
Risk per share: 0.78strategy-owned; the portfolio panel sizes it per profile
Invalidation: 17.08a close below 1 ATR under the level invalidates the setup before entry

Level 17.53 (resistance of the PRE_BREAKOUT on 2026-10-01); ATR14 0.45 on 2026-10-02. Stop: 0.1 ATR below the latest confirmed pivot low 16.86 (within 1.5 ATR of the level). Targets: ATR projections 3 / 5 ATR above the level. R:R quality below minimum to T1 (hard minimum 2.0; 3R would be 19.94, T2 supports 2.79R). Targets are structural and are never moved to reach an R multiple.

Record the fill after you enter: add position. The strategy then manages the stop, targets and the next action.

Your portfolio · San

profile-specific: quantity, risk budget, exposure, cash impact

Profile: Sanequity 2,000.00 USD · whole shares
Current holding: noneno open position in this profile
Recommended quantity: 12 sh211.20 · 10.6% of portfolio · bound by risk budget
Risk budget: 10.000.5% of 2,000.00 · planned risk 9.36
Portfolio risk: 0.00 openremaining 40.00 → 30.64 after
Exposure: 0 / 3 positionsHealthcare: 0 / 2 · 0.00 of 1,000.00 cap
Cash impact: 2,000.00 → 1,788.80derived from the ledger
Eligibility: WAITsame as the strategy view

Entry, stop, targets and R:R are strategy-owned and identical for every profile; only this portfolio's quantity, risk, exposure and cash differ. Manage profiles · record a fill

Quality gates

hard entry gates of the strategy · PASS / FAIL / UNKNOWN

Gate	Verdict	Detail
Data freshness	PASS	0 completed session(s) behind the calendar
Price	PASS	close 17.60 at or above the 10 floor
Market cap	PASS	market cap 20.35B (finnhub, 2026-10-02)
Liquidity	PASS	ADV20 155.6M (STRONG_LIQUIDITY)
Sector	PASS	sector Healthcare (finnhub_industry)
Regime	PASS	regime RISK_ON
Earnings	PASS	earnings in 22 sessions (2026-11-04)
News / event risk	PASS	news context NEGATIVE
Chase protection	PASS	0.66 ATR above EMA20, session move 0.31 ATR
R:R	FAIL	reward/risk to target 1 is 1.64 (below minimum) · reward/risk
Portfolio capacity	PASS	12 shares (211), bound by risk budget
Data quality	PASS	current session data, valid technical snapshot, trigger and ATR; critical facts known

Primary blocker: reward/risk

Why this action

Technical

breakout confirmed: close 17.60 above resistance 17.53 on 2026-10-02; entry reference is the last close (next open is the execution assumption)
stop 16.82: 0.1 ATR below the latest confirmed pivot low 16.86 (within 1.5 ATR of the level)
reward/risk 1.64 to target 1 is below the 2 minimum; the target is structural and is not moved
RS20 vs SPY 4.4%, vs QQQ -0.6%

Options

volume 0.09× the 20D baseline (activity_accelerating) · selected contracts only, delayed

News and events

news context negative (4 canonical items in window)
earnings 2026-11-04 (22 sessions, finnhub); event risk low
insider · low · unknown: Viatris Inc: 4 filed
other · low · unknown: Viatris Recognized by Forbes as One of the World's Best Employers for the Sixth Consecutiv
legal · medium · negative: Viatris sues Novo Nordisk over generic Wegovy patent dispute

Market and risk

regime RISK ON: SPY: trend UP, volatility NORMAL; QQQ: trend UP, volatility NORMAL
gate reward/risk blocks a new entry

Chart

252 sessions · EMA20 / SMA50 / SMA150 / SMA200 default · strategy levels drawn when a plan exists

2026-10-02O 17.53H 17.65L 17.34C 17.60 +0.80%Vol 7,526,177RVOL20 0.83SMA50 16.94SMA150 15.88SMA200 15.32EMA20 17.30RSI14 57.4MACD 0.287 / 0.237 / 0.051ATR14 0.45RS20 SPY 4.4% · QQQ -0.6%

Indicator history is derived from the stored bars with the accepted M3 functions (WORKSTATION_SERIES_V1); the scanner’s persisted values remain authoritative. Reconciliation at the scan session: 8 match.

Trade priority

operational attention ranking, not a forecast

Rank #21 · priority 58.3 / 100 · coverage 100%

technical readiness27/30
structure quality6/10
relative strength8/15
participation4/10
risk reward3/15
news context0/10
event risk5/5
urgency5/5

operational attention priority not a return forecast. Missing inputs lower coverage, never the score.

Setup evidence · PRE_BREAKOUT_V1

Setup state: NO_SETUP
Resistance: 18.41
Distance: 4.40%
Close: 17.6
SMA50: 16.94
SMA150 / SMA200: 15.88 / 15.32
RSI14: 57.4
EMA20 extension: 0.66 ATR
RS20 vs SPY: +4.4%
RS20 vs QQQ: -0.6%

Hard requirements · 7/8 passed

PASS
Confirmed resistance
resistance=18.41 exists eligible=true
FAIL
Distance to resistance
distance_pct=4.3998 · resistance=18.41 · close=17.6 inclusive_between min=0 · max=3
PASS
Close above SMA50
close=17.6 · sma50=16.9442 > right_operand=sma50
PASS
SMA150 ≥ SMA200
sma150=15.875 · sma200=15.3178 >= right_operand=sma200
PASS
RSI14 band
rsi14=57.3512 inclusive_between min=50 · max=70
PASS
EMA20 extension (ATR)
extension_atr=0.6632 · close=17.6 · ema20=17.3016 · atr14=0.45 <= max=1.5
PASS
RS20 vs SPY or QQQ
SPY=0.0435 · QQQ=-0.0055 OR > SPY=0 · QQQ=0
PASS
Resistance quality
distinct_touches=2 policy_and_minimum_touches min=2

Supporting evidence · 4/6 passed

PASS
ATR compression
current_atr_pct=0.0256 · median_previous_60_atr_pct=0.0275 · ratio=0.9284 < right_operand=median_previous_60_atr_pct
FAIL
Volume contraction
recent_volume=10,921,427.0569 · baseline_volume=8,361,531.0148 · ratio=1.3062 < max=0.85
PASS
Higher lows
low_1=16.12 · low_2=16.15 · low_3=16.865 low_3 > low_2 > low_1 required_pivots=3
PASS
Full MA alignment
sma50=16.9442 · sma150=15.875 · sma200=15.3178 sma50 > sma150 > sma200
PASS
RS20 vs SPY positive
SPY=0.0435 > min=0
FAIL
RS20 vs QQQ positive
QQQ=-0.0055 > min=0

PRE_BREAKOUT_V1 · scan run 417 · session 2026-10-02 · evaluated as of 2026-10-04T13:23:16.862423Z. Supporting evidence never changes the trigger; UNKNOWN is never collapsed into false.

Intelligence timeline

4 canonical of 5 items in window · duplicates collapsed

2026-10-0222:00 UTC
Viatris Inc: 4 filed
SEC EDGARTier 1 · primaryinsiderlow materialityunknownfact+1 duplicate report
2026-09-2918:00 UTC
Viatris Recognized by Forbes as One of the World's Best Employers for the Sixth Consecutive Year
Viatris Inc. (Nasdaq: VTRS), a global healthcare company, today announced it was named to Forbes' World's Best Employers list for the sixth consecutive year. The ranking is presented by Forbes and Statista, the world-leading statistics portal and industry ranking provider, and is based on independent employee feedback collected globally, highlighting employee trust, workplace experience and organi
YahooTier 3 · providerotherlow materialityunknownreported fact
2026-09-2519:53 UTC
Viatris sues Novo Nordisk over generic Wegovy patent dispute
Investing.com -- Viatris filed a lawsuit against Novo Nordisk in Delaware federal court, requesting a determination that its planned generic version of Wegovy would not violate the Danish company's patent rights.
YahooTier 3 · providerlegalmedium materialitynegativereported fact
2026-09-0813:59 UTC
Viatris Inc: SCHEDULE 13G/A filed
SEC EDGARTier 1 · primaryotherlow materialityunknownfact
hidden
1 provider-tagged item never name the company and are kept as context only.

canonical items of the last 10 sessions; analyst/industry/macro commentary and social sources excluded from the direction tally; gating uses tier 1-3 HIGH items within 3 (negative) / 2 (unknown direction) sessions

Catalysts and filings

Event	Date	In	Materiality	Source
Earnings	2026-11-04	22 sessions	high	finnhub · Tier 3 · provider

Options activity

AVAILABLE_DELAYED · session 2026-10-01 · selected contracts, delayed

Session volume: 30
5D baseline: 442
20D baseline: 343
Volume / 20D: 0.09x
Call / put volume: 25 / 5
Call / put ratio: 5
Top-3 contract share: 77%
Top expiration: 2026-10-16 100%

Activity trend · last 25 sessions

Session	Volume	5D	20D	/ 20D
2026-09-25	628	458	331	1.89x
2026-09-28	583	543	314	1.86x
2026-09-29	471	396	341	1.38x
2026-09-30	212	433	338	0.63x
2026-10-01	30	442	343	0.09x

Call vs put volume

calls 83%puts 17%

Expiration concentration

2026-10-1630 · 100%

Contract concentration

O:VTRS261016C000170009 · 30%
O:VTRS261016C000180008 · 27%
O:VTRS261016C000190006 · 20%
O:VTRS261016P000180003 · 10%
O:VTRS261016C000130002 · 7%
remaining contracts23% outside top 3

Top contracts · session 2026-10-01

Contract	Type	Strike	Expiration	DTE	Volume	5D avg	20D avg	/ 20D	Return	Moneyness
O:VTRS261016C00017000	CALL	17	2026-10-16	15	9	43	74	0.12x	54.5%	ITM (2.7%)
O:VTRS261016C00018000	CALL	18	2026-10-16	15	8	122	114	0.07x	0.0%	OTM (-3.0%)
O:VTRS261016C00019000	CALL	19	2026-10-16	15	6	82	insufficient history	insufficient history	0.0%	OTM (-8.1%)
O:VTRS261016P00018000	PUT	18	2026-10-16	15	3	14	insufficient history	insufficient history	0.0%	ITM (-3.0%)
O:VTRS261016C00013000	CALL	13	2026-10-16	15	2	insufficient history	insufficient history	insufficient history	-1.5%	ITM (34.3%)
O:VTRS261016P00016000	PUT	16	2026-10-16	15	1	24	24	0.04x	0.0%	OTM (9.1%)
O:VTRS261016P00017000	PUT	17	2026-10-16	15	1	11	27	0.04x	0.0%	OTM (2.7%)

OPTIONS_SELECTION_M9_V1 selected contracts only · provider capability DELAYED · delayed · Top 15 selected contracts by session volume; 5D/20D averages use strictly prior sessions (M10), INSUFFICIENT_HISTORY is shown, never zero.

M13 observations for this session

Technical setup present (PRE_BREAKOUT_V1): FALSE
Technical and options context share a session: FALSE
Activity above its own 20-session baseline: FALSE
Activity below its own 20-session baseline: TRUE
Recent 5-session baseline above 20-session baseline: TRUE
Recent 5-session baseline below 20-session baseline: FALSE
Volume concentrated in top 3 contracts: TRUE
Volume concentrated in one expiration: TRUE
Calls carry most session volume: TRUE
Puts carry most session volume: FALSE
Call and put volume roughly balanced: FALSE
Enrichment data (snapshot/OI/IV/Greeks) available: FALSE
Enrichment data unavailable: TRUE
Real flow data unavailable: TRUE
Flow events present in replay window: NOT_EVALUABLE

Flow

Flow events—

Clusters—

Sweep candidates—

Block candidates—

Aggressor candidates—

Premium coverage—

Flow engine is ready. Trades and Quotes are not available with the current provider capabilities; this area populates automatically from the same M11 engine when real persisted facts exist. Synthetic fixture flow is never shown.

Evidence alerts

2 · ALERT_POLICY_V1

Category	Alert	Previous	Current	Sessions	Workflow	Actions
Disappeared	Technical setup disappeared	yes	no	2026-10-01 → 2026-10-02	New
Fading	Options activity vs 20D baseline fell	0.63	0.09	2026-09-30 → 2026-10-01	New

Decision trace

PRE_BREAKOUT_SWING_V1_1 · generated 2026-10-04 18:05 UTC · strategy 073b221a9cd0…

setup_eligiblePASSPRE_BREAKOUT on 2026-10-01; close above its resistance 17.53 on 2026-10-02
trigger_statePASSTRIGGERED: close 17.60 above 17.53 inside the entry zone, 0.66 ATR from EMA20close=17.6 · entry_zone_high=17.75 · extension_atr=0.66 | threshold breakout_max_extension_atr=2
data_freshnessPASS0 completed session(s) behind the calendarsessions_behind=0 | threshold max_sessions_behind=1
price_gatePASSclose 17.60 at or above the 10 floorclose=17.6 | threshold min_price=10
market_cap_gatePASSmarket cap 20.35B (finnhub, 2026-10-02)market_cap_usd=20353030278.6 | threshold min_market_cap_usd=1000000000
liquidity_gatePASSADV20 155.6M (STRONG_LIQUIDITY)adv_dollar=155641134.03 · strong_liquidity=true | threshold min_adv_dollar=25000000, strong_adv_dollar=50000000
sector_gatePASSsector Healthcare (finnhub_industry)
market_regime_gatePASSregime RISK_ONregime=RISK_ON · risk_multiplier=1
event_risk_gatePASSearnings in 22 sessions (2026-11-04)earnings_sessions_away=22 | threshold earnings_block_sessions=5
news_gatePASSnews context NEGATIVE
chase_gatePASS0.66 ATR above EMA20, session move 0.31 ATRextension_atr=0.66 | threshold breakout_max_extension_atr=2
risk_rewardFAILreward/risk to target 1 is 1.64 (below minimum)reward_risk_1=1.64 · reward_risk_2=2.79 | threshold min_reward_risk_1=2
portfolio_gatePASS12 shares (211), bound by risk budgetshares=12 · risk_amount=9.36 · regime_multiplier=1 · share_increment=1
data_qualityPASScurrent session data, valid technical snapshot, trigger and ATR; critical facts known
finalPASSWAIT (blocked by REWARD_RISK; primary REWARD_RISK)

Snapshot history: 2026-10-02 WAIT · 2026-10-01 BUY_ON_TRIGGER

Actions are generated from the configured trading strategy and current available market/intelligence data. They are not guarantees of future performance.