Bradespar's decline bites again
Bradespar drops 2.4% as the Sell signal tightens its grip again
Bradespar's decline bites again
Our view last week
Bradespar gave back 3.3% this week, wiping out last week's 1% bounce. But money flow has turned positive again and is rising for a second straight week, at its highest level of the period, while buyers still hold just over half of the volume: the drop isn't fully confirmed by the flows. Price stays boxed between a support and a resistance just cents apart, with the ADX at a one-month low — the trend is losing conviction.
This week's summary
Bradespar is losing ground again: after last week's brief flow recovery, the stock gave back 2.4% with 84% of volume on the sell side, and money flow has flipped negative once more. The Sell signal has been under management for 12 weeks, with the short now more than 7% in the money, and price stays boxed between the daily pivot in the 21.15 area and the 50-week average in the 21.25 area: ADX at a one-month low says the trend is losing conviction, without reversing yet.
Ongoing decline
·12th week from start
·Rest of the World stocks
·T2
·📅 Earnings · Aug 13 (est.)
★ See Gold version →
IQS Phase
67
in tension
Signal Strength
59
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#5 / 16
Rest of the World stocks
Trade P&L %
+7.63%
from signal to today
restricted Platinum content