US Stocks · Sell Signal · Week 3
Bank of America: the sell signal holds, but confirmation speaks clearly
US Stocks · Sell Signal · Week 3
In Summary
Bank of America is in week 3 of a sell signal, but the technical picture sends mixed messages: only marginally bearish weekly structure, MACD in bullish cross and the financials sector in strength. The confirmation week closed bullish, an outcome the model reads as an exit signal. Trading is not recommended: the stock trades 26% above its 200-week moving average.
Sell signal in observation
·3rd week from start
·US stocks
·T2
IQS Phase
33
ordinary
Signal Strength
2
indecisive week
Sizing
MINIMUM
Ranking
#96 / 96
US stocks sell signals
Trade P&L %
-8.16%
from signal to today
restricted Platinum content