Open long · week 18 · US stocks
Cloudflare ends the week flat at 0.0%, below its all-time high, as money flow improves
Our view last week
Cloudflare closes a 3rd straight up week with a 7.9% gain, and buyers are back at 60% of volume after last week's candle split down the middle. For Cloudflare stock the technical analysis stays bullish: the weekly MACD is stretching higher, ADX has been rising for 21 weeks, and RSI sits at 69.4, on the edge of overbought. The price action holds and the trade is up 44% since entry; the last session, though, went to the sellers.
This week's summary
Cloudflare takes a breather: after 3 weeks of gains it closes at 0.0%, just below the all-time high it reset 7 days ago. Under the surface the picture keeps improving: money flow rises to its highest reading in 4 weeks and the MACD histogram grows for a 3rd week. For Cloudflare stock the technical analysis stays bullish, with daily price action printing higher lows; among US tech stocks the trade is up 44% since entry, and earnings arrive on October 29.
IQS Phase
61
ordinary
Signal Strength
70
high · wide & volatile
Sizing
FULL
Ranking
#36 / 93
US stocks in progress
Trade P&L %
+44.35%
from signal to date, no stop loss
Cloudflare (NET) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 36th among the 93 Longs already running for US stocks in our ranking, with a signal strength of 70 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly +1.80% · monthly +8.83%
NET belongs to the growth tech sector (reference ETF XLK). The sector is classified in strong phase according to our weekly reading.
restricted Platinum content