US stocks · Ongoing decline, week 10
Dutch Bros slips 1.6% as the bounce is turned back and the 90-week low looms again
Our view last week
Dutch Bros printed a fresh 90-week low this week, in the 37.4 area, and then left it unconfirmed: the weekly close rose 2.1% and snapped a 4-week losing run. A week ago price was pressing on its lows; now it is trying to lift off them. For Dutch Bros stock the price action stays bearish: money flow negative for 6 weeks, MACD below its Signal line, ADX still rising. For swing trading followers of this name among US stocks, the short is up 27% after 9 weeks.
This week's summary
Dutch Bros' bounce lasted one week: the stock pushed up to the 40.2 area, was turned back and closed down 1.6%, once again within reach of its 90-week low in the 37.4 area. A week ago it was trying to lift off the lows; now it is pressing on them again. For Dutch Bros stock the price action stays bearish, with money flow negative for 7 weeks and ADX still rising. For swing trading followers among US stocks, the short is up 28%.
IQS Phase
67
in tension
Signal Strength
18
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#80 / 174
US stocks
Trade P&L %
+28.22%
from signal to date, no stop loss
Dutch Bros (BROS) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 80th among the 174 sell signals for US stocks in our ranking, with a signal strength of 18 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein positive regime
Performanceweekly +2.55% · monthly +0.35%
BROS belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in positive regime according to our weekly reading.
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