Sell signal in management, week 8
Figure Technology drops 4.8% as sellers dominate 94% of volume
Sell signal in management, week 8
Our view last week
Figure Technology's Sell signal has reached its seventh week, and this one brought the hardest blow yet: -8.9%, with 88% of volume on the sell side. After the 26.2% rally two weeks ago, the stock gave back more ground, money flow slipped deeper negative and the ADX is losing conviction. The short, at an 11.6% loss a week ago, has narrowed to a modest -1.68%.
This week's summary
Figure Technology's Sell signal has been under management for 8 weeks, and this week brought another leg down, 4.8%, with 94% of volume on the sell side — the heaviest seller dominance of the past four weeks. Money flow keeps sliding deeper negative, while the ADX slowly loses conviction. The short, in the red last week, is back in profit at 3%.
IQS Phase
68
in tension
Signal Strength
57
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#31 / 141
US stocks
Trade P&L %
+3.16%
from signal to today
Rank position
ranks 31st among the 141 sell signals for US stocks in our ranking, with a signal strength of 57 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
FIGR belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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