Applied Digital stock, eighth week of decline
Applied Digital stock drops 12.8% as sellers retake control
Our view last week
Applied Digital climbs for the second week running, another 6.8% after last week's 6.7%. But the technical picture hasn't changed: buyers barely hold the majority, 55% of volume, and money flow stays negative. On the daily chart the stock stacks higher lows, from the 23 area to the 28 area, while weekly price stays boxed between support in the 30.9 area and resistance in the 32.4 area. Applied Digital stock remains under a sell signal active for 6 weeks, up 5.63% for shorts.
This week's summary
After two weeks of rebounding, Applied Digital stock is giving ground again: down 12.8% this past week, with sellers making up 89% of volume and a bearish engulfing bar on the daily chart swallowing the prior candle whole. The technical picture flipped in just a few sessions: RSI and momentum both fading, MACD still below its Signal line for eight straight weeks. The Sell signal on Applied Digital has now reached its 8th week, up 17.7% for those already short.
IQS Phase
64
ordinary
Signal Strength
34
decline starting to make lower lows
Sizing
REDUCED
Ranking
#40 / 93
US stocks
Trade P&L %
+17.70%
from signal to date, no stop loss
Rank position
ranks 40th among the 93 sell signals for US stocks in our ranking, with a signal strength of 34 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
APLD belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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