Penny stocks (under $5) trading within 2% of their 52-week high. These are pre-breakout setups: stocks coiled just below resistance, where a single strong session could trigger a 52-week-high breakout.
As of today's market close, our scanners identified 8 penny stocks triggering a near-high setup — a stocks within 2% of their 52-week high. Leading the list is Smith Micro Software Inc (SMSI), showing the primary signal alongside Triple MA Bull, ST Triple Bull, 52W Breakout, Near 52W High, RS New High, though internal indicators flag caution with an active RSI Overbought and OBV Bear Div. Worth volume confirmation before sizing into this setup. Runner-up OraSure Technologies Inc (OSUR) is triggering Triple MA Bull, ST Triple Bull, RSI Overbought, Near 52W High, RS New High with strong relative strength (RS 86). The full list is ranked by relative strength and market cap to surface the highest-conviction names.
| # | Symbol | Company | Price | RSI | RS | 1M Perf | Signals |
|---|---|---|---|---|---|---|---|
| 1 | SMSI | Smith Micro Software Inc | $4.3500 | 95 | 98 | 430.5% | Triple MA BullST Triple BullRSI Overbought |
| 2 | OSUR | OraSure Technologies Inc | $4.3000 | 85 | 86 | 44.3% | Triple MA BullST Triple BullRSI Overbought |
| 3 | CCO | Clear Channel Outdoor Holdings, Inc. Common Stock | $2.4100 | 62 | 94 | 0.8% | Triple MA BullST Triple BullSqueeze (Bull Mom) |
| 4 | OLPX | Olaplex Holdings, Inc. Common Stock | $2.0400 | 60 | 88 | 0.0% | Triple MA BullST Triple BullNear 52W High |
| 5 | FATE | Fate Therapeutics, Inc. | $2.8400 | 73 | 94 | 121.9% | Triple MA BullST Triple BullRSI Overbought |
| 6 | USEA | United Maritime Corporation Common Stock | $2.5900 | 75 | 92 | 27.6% | Triple MA BullST Triple BullRSI Overbought |
| 7 | OABI | OmniAb, Inc. Common Stock | $2.7000 | 80 | 92 | 92.9% | Triple MA BullST Triple BullRSI Overbought |
| 8 | CRNT | Ceragon Networks Ltd | $2.8900 | 67 | 68 | 17.0% | Triple MA BullST Triple BullNear 52W High |
Stocks within 2% of their 52-week high are at a decision point. The 52-week-high level often acts as resistance — sellers who got trapped at the prior high finally getting out — but when the breakout happens, momentum buyers and trapped shorts pile in.
The asymmetry: a small downside (back to range support) vs a potentially large upside (breakout continuation). Things to look for:
Compare with our active breakouts scan to see which names already broke through. See also: RS new highs, TTM squeeze setups.
52-Week High / Low levels are the highest and lowest prices a stock has traded over the trailing year. Breakouts above the 52-week high have no overhead supply (every shareholder is in profit), so resistance is thin. Breakdowns below the 52-week low have no nearby support and tend to attract continued selling. Stocks within 2% of these levels are at a decision point.
Learn more about 52-Week High and Low →
Relative Strength (RS) vs SPY compares a stock's performance to the S&P 500 benchmark. A rising RS line means the stock is outperforming; an RS new 52-week high identifies leadership stocks where institutional money is concentrating regardless of broader market direction. The RS Rating (1–99 percentile) is the IBD-style ranking; ratings above 80 indicate top-quintile leadership.