The picture flips: from buy to sell signal
Anglo American drops 4.3% as a mature buy flips into a fresh sell signal
The picture flips: from buy to sell signal
Our view last week
Anglo American is in week 12 of a buy with the model's coverage already complete: all 3 targets have been hit, and the stop now trails the Inversion Point, in the 3,612 area. The residual position keeps running with the trend, and this week closed higher by 1.8% after a phase of cooling momentum.
This week's summary
The picture on Anglo American has flipped: after a mature buy with all its targets already hit, this week a fresh sell signal kicks in and the stock drops 4.3%. Signal strength lands at 29 out of 100 — a decline just getting started, already making lower lows — while price sits boxed in a tight corridor between the 3629 and 3620 areas. The stock is still 25.5% above its 200-week average: first week, confirmation still to come.
IQS Phase
47
ordinary
Signal Strength
29
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#20 / 54
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
restricted Platinum content