Sell signal · Week 3 · USA
Cameco: bullish confirmation week, yet distribution persists
Sell signal · Week 3 · USA
In Summary
Cameco is in week 3 of a sell signal with an open gain of 3.62%. The confirmation week, however, closed bullish — a signal that, under our model's discipline, points to exiting the position. A double bottom has formed on the daily chart in the 100 area, with an intermediate rebound of 24%. The quality band flags trading as not recommended: Cameco operates more than 62% above its 200-week moving average.
IQS Phase
67
in tension
Signal Strength
45
shallow weekly drop
Sizing
REDUCED
Ranking
#44 / 114
US stocks sell signals
Trade P&L %
+3.62%
from signal to today
restricted Platinum content