US stocks · Open long, week 19
AES Corporation edges up 0.3% as the weekly MACD turns up after 29 weeks
Our view last week
Buyers are back in charge of AES Corporation's trading: 78% of this week's volume went to the buy side, after two weeks dominated by sellers, and money flow climbs back above zero. AES Corporation stock rises 0.3% while XLU, the US utilities ETF, drops 3.9%. In this weekly technical analysis the price action stays bullish, with price pinned just under its highs of the last few sessions; the long trade setup stands at +1.3% since entry.
This week's summary
AES Corporation's weekly MACD is back above its Signal line after 29 weeks, and price has set a new 30-week high, confirmed by the weekly close. AES Corporation stock adds 0.3%, its third small gain in a row, while money flow, back above zero last week, improves again. In this weekly technical analysis the price action stays bullish, though a low ADX points to a slow pace; among US stocks with weekly buy signals, this long stands at +1.6% since entry.
IQS Phase
52
ordinary
Signal Strength
20
low · fading
Sizing
MINIMUM
Ranking
#86 / 93
US stocks in progress
Trade P&L %
+1.57%
from signal to date, no stop loss
Rank position
ranks 86th among the 93 Longs already running for US stocks in our ranking, with a signal strength of 20 out of 100.
Sector context
SectorUtilities
Benchmark ETFXLU
Sector regimeweak phase
Performanceweekly +0.81% · monthly -6.66%
AES belongs to the utilities sector (reference ETF XLU). The sector is classified weak phase according to our weekly reading.
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