Sell signal, fifth week under management
Adidas nearly flat (-0.2%): the decline tightens between 153.7 and 156.5
Our view last week
Adidas stock drops 2% and stretches its run of lower highs to 3, from the 182 area down to 161. The price stays below the 50-week moving average, and the weekly MACD sits below its Signal line. The 3 observation weeks for the sell signal close sideways, with no confirmation from the market: the picture calls for standing by, no rush to open new short positions.
This week's summary
Adidas's Sell signal has been under management since its fifth week, and this one closed nearly flat (-0.2%) after the previous week's bounce. Beneath the surface the picture keeps cooling: momentum stays deeply negative, the weekly MACD slips below its Signal line, and money flow has turned slightly negative again. The short, opened near the highs, is 3.26% in profit; Adidas stock stays boxed between a ceiling in the 156.5 area and a floor in the 153.7 area.
IQS Phase
61
ordinary
Signal Strength
5
decline losing steam
Sizing
MINIMUM
Ranking
#34 / 51
EU-UK stocks
Trade P&L %
+3.26%
from signal to date, no stop loss
Rank position
ranks 34th among the 51 sell signals for European-UK stocks in our ranking, with a signal strength of 5 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXH7
Sector regime
Performanceweekly coming soon · monthly coming soon
ADS belongs to the european sector (reference ETF EXH7).
restricted Platinum content