Braskem bounces 2.8%, but sellers still hold the wheel
Braskem stock rebounds 2.8% after the crash, but the Sell signal holds firm
Our view last week
Braskem stock craters 17% in a single week — the toughest print since the sell signal began, with 82% of the week's volume dumped on the sell side and the daily chart closing as a strong bearish engulfing bar. The signal is now in its 11th week and the short sits above 43% in profit; the decline shows no sign of running out of steam, even as the weekly RSI slips near its lowest levels of the period.
This week's summary
After last week's 17% crash, Braskem stock steadies and bounces 2.8%, though the rebound isn't convincing: sellers still control 64% of volume, and the weekly RSI barely lifts off its lows, still under 34. ADX has been falling for 12 weeks, a sign of a fading trend, while money flow stays negative. The Sell signal continues, with the trade up more than 42%.
IQS Phase
72
in tension
Signal Strength
47
isolated weekly drop
Sizing
REDUCED
Ranking
#4 / 25
Rest of the World stocks
Trade P&L %
+42.26%
from signal to date, no stop loss
Rank position
ranks 4th among the 25 sell signals for titoli resto del mondo in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorMaterials
Benchmark ETFXLB
Sector regimein strong phase
Performanceweekly +1.90% · monthly +5.35%
BRKM5 belongs to the materials sector (reference ETF XLB). The sector is classified in strong phase according to our weekly reading.
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