CoreWeave: the decline slows, still unconfirmed
CoreWeave stock slips 0.2% as the sell signal keeps losing steam
CoreWeave: the decline slows, still unconfirmed
Our view last week
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.
This week's summary
CoreWeave shares close another nearly flat week, -0.2%, still boxed into the same tight corridor of recent sessions. Underneath, the picture gets messier: this week's volume swings back toward buyers (63%), but money flow slips even further negative and ADX drops to 15.6, a sign the decline is losing more steam. The sell signal has been under management for seven weeks, with the short more than 28% in profit.
IQS Phase
81
in tension / maturity
Signal Strength
3
decline losing steam
Sizing
MINIMUM
Ranking
#98 / 138
US stocks
Trade P&L %
+28.62%
from signal to date, no stop loss
Rank position
ranks 98th among the 138 sell signals for US stocks in our ranking, with a signal strength of 3 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -0.30% · monthly -5.53%
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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