Sell signal · week 15
Applied Digital drops 6.7% to a new 90-day low the weekly close fails to confirm
Our view last week
A second straight down week for Applied Digital, off 3.3% after last week's 6.7% drop: the daily chart now shows 3 lower highs, and price printed a new 7-day low in the 23.6 area without confirming it on the weekly close. Applied Digital stock stays inside a Sell signal, with the short more than 23% in profit. For technical analysis, and for swing trading, the key test is the October 7 earnings report, on a name with elevated volatility.
This week's summary
A third straight down week for Applied Digital, off another 6.7% and down to a new 90-day low in the 22.6 area, once again without confirming it on the weekly close: a week ago the same happened with the 7-day low. Applied Digital stock stays inside a Sell signal, with the short more than 28% in profit. For technical analysis the key is the 23.5 area, where the 100-week moving average runs: price action says the decline has found a foothold there, for now.
IQS Phase
55
ordinary
Signal Strength
22
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#66 / 174
US stocks
Trade P&L %
+28.37%
from signal to date, no stop loss
Applied Digital (APLD) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 66th among the 174 sell signals for US stocks in our ranking, with a signal strength of 22 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly -0.52% · monthly +5.81%
APLD belongs to the growth tech sector (reference ETF XLK). The sector is classified in strong phase according to our weekly reading.
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