Sell signal stalls, setup quality tightens
Salesforce slips 1.7% as its sell signal keeps losing steam
Sell signal stalls, setup quality tightens
Our view last week
Salesforce is in the 3rd week of a sell signal, and this week it recovered 4.9%, with an 8% rebound off the daily 20-day moving average: signal strength drops to 2 out of 100, a decline losing steam. The setup quality indicator, at 64 out of 100, stays in the ordinary range, and the stock ranks 84th among the 137 US sell signals. Trading remains not recommended per our model.
This week's summary
Salesforce shares slip 1.7% this week, but the drop moves on short breath: volume contracted, the candle’s body shrank, and sellers only barely got the upper hand in the last session. The sell signal shows the setup quality indicator climbing into a tenser band, while signal strength stays low, at 4 out of 100 — a decline losing steam. Trading remains not recommended per our model.
IQS Phase
73
in tension
Signal Strength
4
decline losing steam
Sizing
MINIMUM
Ranking
#86 / 137
US stocks sell signals
Trade P&L %
-7.60%
from signal to today
restricted Platinum content