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American Water Works: 4 weeks of sell signal without confirmation

Sell signal at week 4 on American Water Works, yet the market has not confirmed the direction. Strength at 3 out of 100, quality band advising against trading: the picture calls for patience.

In Summary
American Water Works is at week 4 of a sell signal that the market has yet to confirm. Three observation weeks closed sideways, signal strength at 3 out of 100: a weak picture, with our model advising against trading. The utilities sector is in a positive regime, yet the short setup remains without momentum.
Sell signal in observation ·4th week from start ·US stocks ·T2
IQS Phase
78
in tension
Signal Strength
3
low · fading
Sizing
MINIMUM
Ranking
#60 / 80
US stocks sell signals
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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