Cyrela Brazil Realty: sellers take back control
Cyrela Brazil Realty drops 4.3%, rejected by the moving-average wall at 22.3-22.7
Cyrela Brazil Realty: sellers take back control
Our view last week
Cyrela Brazil Realty shares drop 6.2%, giving back most of last week's 9% bounce: the price was firmly rejected by an entire cluster of moving averages in the 22.3-22.7 area. The Sell signal has been under management for 19 weeks, with the short more than 22% in profit. Beneath the surface, money flow keeps improving for a fourth straight week, while sellers are back in control of the tape: a technical picture in precarious balance.
This week's summary
Cyrela Brazil Realty stock slips again: down 4.3% this week, following last week's 6.2% drop. Sellers regained control of the tape, with 79% of volume, reversing two weeks of buyer dominance. The bounce off the double bottom in the 21 area, worth an intermediate 16% rebound, was firmly rejected by the entire cluster of moving averages between 22.3 and 22.7. Money flow stays positive but is cooling, while the RSI eases to 39.
Ongoing decline
·21st week from start
·Rest of the World stocks
·T2
·📅 Earnings · Aug 13
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IQS Phase
69
in tension
Signal Strength
81
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#3 / 18
Rest of the World stocks
Trade P&L %
+26.10%
from signal to today
Rank position
ranks 3rd among the 18 sell signals for titoli resto del mondo in our ranking, with a signal strength of 81 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly +0.09% · monthly +4.82%
CYRE3 belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
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