Sell signal · week 15
eBay slips 1.4% below its moving averages while money flow stays positive
Our view last week
After two up weeks, eBay stock gave back 3.5% and sellers took the stage again: 75% of the week's volume went to the sell side, against 76% on the buy side seven days ago. The price pulled away from the Inversion Point, in the 112 area, which it was brushing last week, and is back on the 20-day moving average, in the 107.8 area. The technical picture stays mixed: money flow still positive, MACD below its signal line, price action with sellers ahead.
This week's summary
A second down week for eBay: the stock slips 1.4% and closes below the cluster of moving averages it was resting on 7 days ago, in the 107 area. The technical analysis of eBay stock stays split: the MACD has been below its Signal line for 11 weeks, while money flow has been positive for 4 and is at its highest reading of the period. With the ADX falling for 12 weeks, price action shows a decline short on drive: for swing trading, first support sits in the 104.6 area.
IQS Phase
63
ordinary
Signal Strength
32
decline losing steam
Sizing
REDUCED
Ranking
#82 / 175
US stocks
Trade P&L %
+1.36%
from signal to date, no stop loss
Rank position
ranks 82nd among the 175 sell signals for US stocks in our ranking, with a signal strength of 32 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimeweak phase
Performanceweekly -0.47% · monthly -4.20%
EBAY belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified weak phase according to our weekly reading.
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