Arm Holdings, 9th week of the decline
Arm slips 1.8%, but the decline is losing conviction as the ADX hits new lows
Our view last week
After last week's hesitant bounce, Arm's decline came back hard: -12.9% in five days, 96% of volume on the sell side, and a bearish engulfing candle closing out the week. Money flow, which had briefly turned positive, slipped back negative. The short is now more than 22% in profit, but the ADX keeps falling: the trend is dropping without gaining conviction.
This week's summary
Arm Holdings' decline is losing pace but hasn't stopped: after last week's 12.9% plunge, this week's drop is limited to 1.8%, with 83% of volume still on the sell side and money flow deepening into negative territory. The ADX, though, falls to a four-week low: the trend is losing conviction while the short stays above 24% in profit. Weekly technical analysis of the stock, with an active trade setup.
IQS Phase
66
in tension
Signal Strength
29
decline losing steam
Sizing
MINIMUM
Ranking
#49 / 96
US stocks
Trade P&L %
+24.18%
from signal to date, no stop loss
Rank position
ranks 49th among the 96 sell signals for US stocks in our ranking, with a signal strength of 29 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +1.30% · monthly +11.48%
ARM belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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