Buy signal, week 5
Fastly slips 16.6% after last week's surge, but the trend holds
Our view last week
Fastly stock surges 30.4% in a single week, pushing the shares back near their recent highs: signal strength climbs to 87 out of 100, a wide, forceful move. Underneath, though, buyer dominance is starting to fade and the phase stays indecisive. The buy signal, now in its 4th week, is already up 44% since entry, with the stop already moved to breakeven.
This week's summary
After last week's 30.4% surge, Fastly gives back some of that ground: the week just closed sheds 16.6%, a natural pullback after such a wide move. On the daily chart the picture stays constructive: a clean bounce off the 20-day moving average, with a 6% rebound from the lows touched in the 24 area. Weekly ADX climbs for a fourth straight week, a sign the trend is gaining conviction, even as the latest bar shows sellers slightly prevalent.
IQS Phase
61
ordinary
Signal Strength
87
high · wide & volatile
Sizing
FULL
Ranking
#17 / 167
US stocks in progress
Trade P&L %
+20.42%
from signal to date, no stop loss
Rank position
ranks 17th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 87 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
FSLY belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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