Ongoing decline · week 14
Cipher Digital drops 11.4% and slides back to its September lows, below the 50-week average
Our view last week
A week ago buyers took 97% of the volume; this time Cipher Digital stock slips 3.3% and 87% of trading swings back to the sell side. The weekly bar's price action points to distribution, and a bearish engulfing shows up on the daily chart. Money flow has been below zero for 11 weeks, while the MACD histogram and momentum edge higher: among US stocks on our Sell list, the short is 11.5% in profit, with no fresh acceleration.
This week's summary
An 11.4% drop takes Cipher Digital stock back to its mid-September lows, in the 15 area, and below the 50-week average. A week ago the MACD histogram and momentum were edging higher; this week both turn down again, and daily price action says the move under way continues. Money flow has been negative for 12 weeks. Among US stocks on our Sell list, the short is now 21.6% in profit on one of the more volatile tech stocks, a swing trading case to follow week by week.
IQS Phase
62
ordinary
Signal Strength
54
decline starting to make lower lows
Sizing
STANDARD
Ranking
#33 / 175
US stocks
Trade P&L %
+21.61%
from signal to date, no stop loss
Cipher Digital (CIFR) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 33rd among the 175 sell signals for US stocks in our ranking, with a signal strength of 54 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly +1.80% · monthly +8.83%
CIFR belongs to the growth tech sector (reference ETF XLK). The sector is classified in strong phase according to our weekly reading.
restricted Platinum content