BMW, week 8 of a sell signal
BMW: the decline holds, but sellers are losing their edge
BMW, week 8 of a sell signal
In Summary
BMW is in its 8th week of a sell signal, and this week recovered 2.5% on strong buy volume. The bounce doesn't settle the case: beneath the surface the picture stays mixed, with seller pressure fading but underlying flows still weak. The price is now squeezed between a nearby resistance and support.
IQS Phase
86
in tension / maturity
Signal Strength
6
decline losing steam
Sizing
MINIMUM
Ranking
#2 / 54
EU-UK stocks
Trade P&L %
+18.60%
from signal to today
restricted Platinum content