CleanSpark: Sell signal enters week 4
CleanSpark bounces 11.4% but Sell signal strength collapses to 2 out of 100
CleanSpark: Sell signal enters week 4
Our view last week
In our weekly technical analysis, CleanSpark shares stay boxed into a tight band, between the daily Kumo floor and the 20-week average just above (the 13.6 area) and the 200-day average just below (the 12.95 area). The double bottom in the 12 area has already produced a 26% intermediate rebound. The Sell signal is in its third week and strength drops to 2 out of 100 — a decline losing steam — while sellers, still slightly in charge, are giving up ground. Volatility stays very high.
This week's summary
CleanSpark shares close the week with an 11.4% surge, but the bounce stalls right at the daily Kumo ceiling, in the 15.9 area. The Sell signal is in its fourth week and strength drops to 2 out of 100: a decline with no fresh push. The confirmation week closed bullish, and our technical analysis suggests closing the short position already open.
Sell signal in observation
·4th week from start
·US stocks
·T2
·📅 Earnings · Aug 11
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IQS Phase
50
ordinary
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#128 / 141
US stocks sell signals
Trade P&L %
-15.06%
from signal to today
Rank position
ranks 128th among the 141 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
CLSK belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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