Braskem, week 13 of the decline
Braskem: the decline slows, but sellers aren't letting go
Our view last week
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%.
This week's summary
After last week's plunge, Braskem stock gives up more ground, but at a slower pace. Buyers show up in daily volume without flipping the picture: daily money flow stays deeply negative, and weekly momentum keeps falling. Week thirteen of the sell signal confirms the trajectory already in place.
IQS Phase
74
in tension
Signal Strength
59
decline starting to make lower lows
Sizing
STANDARD
Ranking
#1 / 23
Rest of the World stocks
Trade P&L %
+50.46%
from signal to date, no stop loss
Rank position
ranks 1st among the 23 sell signals for titoli resto del mondo in our ranking, with a signal strength of 59 out of 100.
Sector context
SectorMaterials
Benchmark ETFXLB
Sector regimein strong phase
Performanceweekly -0.67% · monthly +2.78%
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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