CoreWeave's sell signal starts to slow
CoreWeave flat at -1.8%: the decline slows but sellers still dominate
CoreWeave's sell signal starts to slow
Our view last week
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.
This week's summary
CoreWeave shares stay boxed into a tight range between the 68 and 74 areas: last week closed down just 1.8%, but underneath the surface 98% of volume was on the sell side and ADX has slipped to 16.2, a sign the decline is losing steam. The sell signal has been under management for six weeks, with the short more than 28% in profit.
IQS Phase
81
in tension / maturity
Signal Strength
21
decline losing steam
Sizing
MINIMUM
Ranking
#106 / 141
US stocks
Trade P&L %
+28.51%
from signal to today
Rank position
ranks 106th among the 141 sell signals for US stocks in our ranking, with a signal strength of 21 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
CRWV belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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