Sell volume hits 97% as the decline accelerates
Cipher Digital plunges 23%: sellers dominate 97% of weekly volume
Sell volume hits 97% as the decline accelerates
Our view last week
Cipher Digital stock slips 3.6% this week, but buyers actually ran the session — nearly 69% of volume came in on the buy side, a sign last week's bounce hasn't fully unwound. The price stays boxed between the 22 area, where the 20- and 50-day averages converge, and the 23 area, the daily Kumo floor; the trend, meanwhile, is losing conviction, with ADX easing for a second straight week. Earnings are also due this week, adding weight to the setup.
This week's summary
Cipher Digital stock plunges 23% this week with 97% of volume on the sell side: a sharp reversal from seven days ago, when buyers had actually run the session. Our technical analysis confirms the picture with a bearish engulfing bar and a distribution phase underway. The sell signal is in its sixth week and the short stays up 14%.
IQS Phase
80
in tension / maturity
Signal Strength
69
decline starting to make lower lows
Sizing
STANDARD
Ranking
#3 / 122
US stocks
Trade P&L %
+14.27%
from signal to date, no stop loss
Rank position
ranks 3rd among the 122 sell signals for US stocks in our ranking, with a signal strength of 69 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein positive regime
Performanceweekly +7.20% · monthly +3.62%
CIFR belongs to the growth tech sector (reference ETF XLK). The sector is classified in positive regime according to our weekly reading.
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