Alphabet: Sell signal in week 11
Alphabet slips 0.3% as buyers regain control of volume
Our view last week
Alphabet stock slides 2.4% this week, the ninth week of decline since the Sell signal fired, with sellers still in control of volume at 70%. Price has returned to the 340 area already touched before, but no session has defended it yet: for now the move continues. Underneath, distribution is deepening and a falling ADX says the push is losing steam. The trade, now in its 10th week, is already up 3.83%.
This week's summary
After two weeks of sellers in charge, buyers step back into control of Alphabet's volume this week — 72% — yet the stock still closes slightly lower, a third straight weekly decline for the Sell signal, now in its 11th week. Rejection candles stay mixed, distribution beneath the surface remains strong, and money flow, still negative, at least stops getting worse. The trade is up 4.13% since entry.
IQS Phase
60
ordinary
Signal Strength
12
decline losing steam
Sizing
MINIMUM
Ranking
#64 / 93
US stocks
Trade P&L %
+4.13%
from signal to date, no stop loss
Rank position
ranks 64th among the 93 sell signals for US stocks in our ranking, with a signal strength of 12 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
GOOGL belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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