Apple, sell signal in its second week
Apple stock bounces 1.1% but the sell signal stays open
Our view last week
Last week's bounce didn't hold: Apple's weekly MACD has turned lower and a fresh Sell signal has fired, with the stock down 2.4% on the week. Apple stock stays above its 50-week average, but the technical analysis shows buyer dominance has run out. Signal strength is still modest: the decline is just getting started, making lower lows.
This week's summary
After last week's slide, Apple stock bounces 1.1% but stays boxed between the 20- and 50-day averages, with the MACD still below its Signal line and volumes contracting. The sell signal is in its second week and confirmation is still open: strength stays low, 12 out of 100, a decline with no fresh push. Our model flags a new short entry here as not recommended.
IQS Phase
54
ordinary
Signal Strength
12
decline losing steam
Sizing
MINIMUM
Ranking
#63 / 93
US stocks sell signals
Trade P&L %
-1.12%
from signal to date, no stop loss
Rank position
ranks 63rd 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%
AAPL belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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