Ichimoku Bullish Penny Stocks

Penny stocks (under $5) trading above the Ichimoku Cloud (Kumo), with a bullish cloud color AND a Tenkan-Kijun bullish cross. Triple-component bullish confirmation from the Ichimoku system.

Today's market action generated 4 Ichimoku bullish setups across our tracked penny-stock universe, highlighting pockets of bullish momentum under $5. Leading the momentum is OmniAb, Inc. Common Stock (OABI) from the Healthcare sector, confirming the signal with additional confluence: Triple MA Bull, Squeeze (Bull Mom), Ichi Bullish at RSI 56.5, backed by an RS Rating of 98 (top 2% of all rated securities). Runner-up Usio, Inc. Common Stock (USIO) is triggering Triple MA Bull, ST Triple Bull, Stoch Bear (OB), Ichi Bullish with strong relative strength (RS 96). The full list is ranked by relative strength and market cap to surface the highest-conviction names.

Data as of 2026-10-12 · End-of-day prices
#SymbolCompanyPriceRSIRS1M PerfSignals
1OABIOmniAb, Inc. Common Stock$4.7900569822.1%Triple MA BullSqueeze (Bull Mom)Ichi Bullish
2USIOUsio, Inc. Common Stock$2.780059968.2%Triple MA BullST Triple BullStoch Bear (OB)
3LAWCS Disco, Inc.$4.420060359.4%Triple MA BullST Triple BullSqueeze (Bull Mom)
4SLSNSolesence, Inc. Common Stock$1.0200712328.5%Hull-EMA BullSqueeze (Bear Mom)RSI Overbought

Reading the Ichimoku Cloud

Ichimoku Kinko Hyo combines five components into one indicator:

  • Tenkan-sen (conversion line, 9-period high+low midpoint).
  • Kijun-sen (base line, 26-period midpoint).
  • Senkou Span A and B (forming the Cloud / Kumo).
  • Chikou Span (lagging line, current close plotted 26 periods back).

When price is above a bullish-colored Cloud AND the Tenkan crosses bullishly above the Kijun, three independent signals are all confirming an uptrend. The Cloud also provides dynamic support and a "thickness" read on trend strength — thick clouds suggest stronger support, thin clouds suggest the level is easier to break.

For penny stocks where signals are often noisy, Ichimoku's multi-component approach acts as a natural filter against false signals. Use this list when you want technical setups with confluence built in.

See also: triple Supertrend bullish, Golden Cross, 52-week breakouts.

Indicators Used in This Scan

Ichimoku Cloud (Ichimoku Kinko Hyo) combines five components into one system: Tenkan-sen (9-period midpoint), Kijun-sen (26-period midpoint), Senkou Span A and B (forming the Cloud / Kumo), and Chikou Span (lagging line). Price above a bullish-colored Cloud, with a Tenkan-Kijun bullish cross, gives three independent confirmations of an uptrend in a single chart.