Bayerische Motoren Werke AG · Decline into week 6
BMW at week 6 of decline: double bottom has not yet stopped selling pressure
Bayerische Motoren Werke AG · Decline into week 6
In Summary
BMW is at week 6 of a sell signal, ranking 1st among 57 EU-UK sell signals with a 20.62% gain since the short was opened. The week closed with 80% sell volume and RSI at 26.8, deep in oversold territory. A double bottom is forming in the 59 area on the daily chart — a pattern to watch closely in the week ahead.
IQS Phase
86
in tension / maturity
Signal Strength
51
moderate weekly drop
Sizing
STANDARD
Ranking
#1 / 57
EU-UK stocks
Trade P&L %
+20.62%
from signal to today
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