The bounce fades, sellers are back in control
CoreWeave slides 17.6% as the weekly MACD turns negative
The bounce fades, sellers are back in control
Our view last week
CoreWeave shares bounce 8.7% after last week's plunge, with buyers back in charge of weekly volume at 60%. But sellers retook control in the final session and weekly money flow keeps deteriorating: a rebound this technical analysis says is still unconfirmed. The sell signal, now in its 5th week, keeps the short more than 11% in profit.
This week's summary
CoreWeave shares plunge 17.6%, wiping out last week's unconfirmed 8.7% bounce in a single session: sellers retake control with 77% of volume and the weekly MACD turns negative. This technical analysis shows the price boxed between the 72 and 79.5 areas, with the short now more than 27% in profit.
IQS Phase
69
in tension
Signal Strength
36
decline starting to make lower lows
Sizing
REDUCED
Ranking
#81 / 140
US stocks
Trade P&L %
+27.19%
from signal to today
restricted Platinum content