Ongoing decline · 4th straight weekly loss
Ballard Power drops 3.8% to a fresh 90-day low as money flow turns down again
Our view last week
Sellers are back in charge: after a week with 74% of the volume on the buy side, this time 71% of the trade went to sellers and Ballard Power stock gave up another 1.8%, its third weekly loss in a row. The technical analysis shows a decline still grinding lower at a short stride, with price action in distribution and both the MACD histogram and money flow improving for 4 weeks, still below zero. The short is up 49.5% since entry.
This week's summary
A 4th straight weekly loss for Ballard Power: the stock drops 3.8% and sets a fresh 90-day low, in the 1.98 area. One detail has changed from a week ago, and it matters: money flow, improving for 4 weeks, turns down again and stays below zero. The technical analysis of Ballard Power stock shows price action in a distribution phase, on contracting volumes. Among US stocks on a sell signal, this short is up 51.4% since entry.
IQS Phase
74
in tension
Signal Strength
38
downtrend making lower lows, pace holding
Sizing
REDUCED
Ranking
#63 / 175
US stocks
Trade P&L %
+51.42%
from signal to date, no stop loss
Ballard Power Systems (BLDP) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 63rd among the 175 sell signals for US stocks in our ranking, with a signal strength of 38 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -0.28% · monthly -1.64%
BLDP belongs to the industrial sector (reference ETF XLI). The sector is classified weak phase according to our weekly reading.
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