Technical bounce, bearish pressure unchanged
Circle Internet Group climbs 3.1%, but sellers stay in control
Technical bounce, bearish pressure unchanged
Our view last week
Circle Internet Group carved a double bottom in the 61 area this week, with a 23% intraweek rebound that still wasn't enough to avoid an 8.6% weekly decline. Money flow and MACD both dropped to fresh period lows, while the ADX keeps easing — price is accelerating lower even as the trend's conviction fades. The short, now in its seventh week, still holds a gain of more than 24%.
This week's summary
Circle Internet Group bounces 3.1% this week, but the volume picture tells a different story: 81% of trading still sits on the sell side, and the last bar shows sellers in near-total control. The double bottom in the 59 area holds, with a 24% intraweek rebound, yet the MACD drops to a fresh period low and the ADX keeps easing - the downtrend is slowing without reversing. The short, now in its 8th week, still holds a gain of more than 22%.
IQS Phase
68
in tension
Signal Strength
18
decline losing steam
Sizing
MINIMUM
Ranking
#110 / 141
US stocks
Trade P&L %
+22.32%
from signal to today
Rank position
ranks 110th among the 141 sell signals for US stocks in our ranking, with a signal strength of 18 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
CRCL belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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