Sell signal, week 3: lower lows resume
Applied Digital drops 17.2% as the decline resumes making lower lows
Sell signal, week 3: lower lows resume
Our view last week
In this week's technical analysis, Applied Digital carved out a double bottom in the 31 area, with a 17% intraweek rebound that got rejected into the close: sellers dominated the final session and the stock closed down 5.8%. Compared with last week, when the decline was making lower lows with signal strength at 80, the picture shifts: strength collapses to 28, "decline losing steam." The setup quality indicator, though, climbs to 78 out of 100 — a sign the setup keeps getting tighter.
This week's summary
Applied Digital shares drop 17.2% in a violent week, with three consecutive lower highs on the daily chart and sellers dominant in the final session. After last week's rejected rebound, the Sell signal is back to making lower lows — strength climbs to 46 out of 100. The stock still trades well above its 200-week average: our technical analysis flags high-risk conditions for a fresh short entry.
IQS Phase
69
in tension
Signal Strength
46
decline starting to make lower lows
Sizing
REDUCED
Ranking
#68 / 140
US stocks sell signals
Trade P&L %
+21.99%
from signal to today
restricted Platinum content