Decline under management · week 16 · US stocks
AppLovin bounces 3.3% and stalls under the 200-week average it lost a week ago
Our view last week
The 200-week average, which held a week ago, gave way this time: AppLovin loses 13.7% and sets a fresh 30-week low, confirmed on the weekly close. For AppLovin stock, the technical analysis shows a decline picking up pace again: the MACD histogram turns lower after 5 weeks of gains and money flow has been negative for 13. Among US tech stocks the sell signal stays live, with the short up 43.8%; on the daily chart the RSI at 28 is oversold.
This week's summary
The bounce stopped short of the ceiling: AppLovin gains 3.3% without even touching the 200-week average, in the 289 area, which it lost a week ago. For AppLovin stock, the technical analysis and the price action describe a recovery on shrinking volume: the MACD histogram turns higher, while money flow has been negative for 14 weeks and is still weakening. On the daily chart the RSI is out of oversold, at 35. Among US tech stocks the sell signal stays live, with the short up 41.9%.
IQS Phase
66
in tension
Signal Strength
37
decline losing steam
Sizing
REDUCED
Ranking
#37 / 174
US stocks
Trade P&L %
+41.93%
from signal to date, no stop loss
AppLovin (APP) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 37th among the 174 sell signals for US stocks in our ranking, with a signal strength of 37 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly -0.52% · monthly +5.81%
APP 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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