9th week of the short, still above 22%
Circle Internet Group closes flat (+0.4%) and retests the 59 area without breaking
9th week of the short, still above 22%
Our view last week
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%.
This week's summary
Circle Internet Group closes the week almost flat, +0.4%, but underneath the surface the script has shifted: the stock keeps getting rejected in the 64-66 area and retests the lows near 59 without breaking them. The Sell signal, now in its 9th week, still holds a gain above 22%. This Circle Internet Group stock technical analysis shows more balanced volume and an ADX that keeps easing - the downside push is slowing, with earnings due this week ready to move the tape.
IQS Phase
68
in tension
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#111 / 138
US stocks
Trade P&L %
+22.01%
from signal to date, no stop loss
Rank position
ranks 111th among the 138 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 -0.30% · monthly -5.53%
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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