The decline slows, but the data still say caution
AppLovin gains 1% but the Sell signal holds firm, sixth week
The decline slows, but the data still say caution
Our view last week
After last week's 16.3% plunge, AppLovin sheds another 7.7%: the drop is slowing in size but not in character. Sellers dominate 90% of volume in the latest session, the distribution phase is deepening, and CMF keeps sliding further negative. On the daily chart the stock strings together five lower highs, from the 576 area down to 438. The trade sits 17.8% in profit, but the sell signal is still far from running out of steam.
This week's summary
After a 16.3% plunge and a 7.7% drop over the previous two weeks, AppLovin stock stalls: the session closes barely positive, just above flat, while sellers carry less weight in volume (58% versus 90% seven days ago). Beneath the surface the decline hasn't let up — the MACD keeps digging lower and distribution stays strong. The short is up more than 17%, and earnings land this week too, on August 5th.
IQS Phase
64
ordinary
Signal Strength
19
decline losing steam
Sizing
MINIMUM
Ranking
#54 / 138
US stocks
Trade P&L %
+17.02%
from signal to date, no stop loss
Rank position
ranks 54th among the 138 sell signals for US stocks in our ranking, with a signal strength of 19 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -0.30% · monthly -5.53%
APP belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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