Penny stocks (under $5) whose Relative Strength line versus the S&P 500 hit a new 52-week high today. These are names outperforming the broader market by the widest margin — the leadership end of the penny universe.
Our models detected 6 equities meeting the criteria for a RS new high today, one of the more reliable bullish technical patterns in the sub-$5 universe. At the top of the ranking, Equillium, Inc. Common Stock (EQ) presents a complex picture — while the RS new high is confirmed by Triple MA Bull, ST Triple Bull, RS New High, the presence of MFI Overbought suggests the move may lack full conviction. Also noteworthy: Smith Micro Software Inc (SMSI) showing Triple MA Bull, ST Triple Bull, RSI Overbought, 52W Breakout, Near 52W High, RS New High, OBV Bear Div with strong relative strength (RS 98). Review the full ranked list below for additional setups.
| # | Symbol | Company | Price | RSI | RS | 1M Perf | Signals |
|---|---|---|---|---|---|---|---|
| 1 | EQ | Equillium, Inc. Common Stock | $2.9000 | 68 | 98 | 42.2% | Triple MA BullST Triple BullMFI Overbought |
| 2 | SMSI | Smith Micro Software Inc | $4.3500 | 95 | 98 | 430.5% | Triple MA BullST Triple BullRSI Overbought |
| 3 | CCCC | C4 Therapeutics, Inc. | $4.3700 | 73 | 97 | 59.5% | Triple MA BullST Triple BullRSI Overbought |
| 4 | CERS | Cerus Corp | $3.0400 | 74 | 95 | 54.3% | Triple MA BullST Triple BullRSI Overbought |
| 5 | FATE | Fate Therapeutics, Inc. | $2.8400 | 73 | 94 | 121.9% | Triple MA BullST Triple BullRSI Overbought |
| 6 | OSUR | OraSure Technologies Inc | $4.3000 | 85 | 86 | 44.3% | Triple MA BullST Triple BullRSI Overbought |
Relative Strength compares a stock's performance to a benchmark (SPY). A rising RS line means the stock is outperforming the market; a new RS high means it's outperforming by more than at any point in the past year. RS new highs identify leadership stocks — names where institutional money is concentrating regardless of broader market direction.
The "Blue Dot" signal popularized by IBD is essentially this. For penny stocks, an RS new high is a strong filter against the typical penny-stock noise: random pumps don't hold RS leadership over 52 weeks. Use this list to find the small handful of penny stocks that are actually accumulating genuine demand.
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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.