The signal flips: a fresh buy kicks in
Fastly gains 5.8% as the sell signal flips into a fresh buy
The signal flips: a fresh buy kicks in
Our view last week
Fastly shares have just strung together a second straight week of gains — 8.1% after the prior 6% — pushing the price back to the edge of the Inversion Point. But weekly money flow stays negative and actually got worse, while volume is contracting: the bounce isn't confirmed by the tape yet. The sell signal has been under management for 13 weeks, with the short above 20% in profit.
This week's summary
The picture flips on Fastly: after thirteen weeks of a sell signal under management, a fresh buy signal kicks in this week. Fastly stock gains 5.8%, the fourth straight session with a higher low — a run pushing price toward the 19 area. Signal strength is high, 84 out of 100, in a picture that's still wide and volatile: one to track with weekly technical analysis and swing trading discipline, with contracting volume as the counterweight.
IQS Phase
49
ordinary
Signal Strength
84
high · wide & volatile
Sizing
FULL
Ranking
#4 / 20
New us stocks
Trade P&L %
+0.00%
from signal to today
restricted Platinum content