A Decisive Bounce on Strong Buying Volume
Fastly Gains 12% and Bounces Off the 20-Day Average as the Buy Signal Holds
A Decisive Bounce on Strong Buying Volume
Our view last week
Fastly's stock closes the week down 2.3%, but the final session tells a different story: a 5% bounce off its 20-day moving average, buyers controlling 68% of daily volume, and money flow back in positive territory. This is the confirmation week for the buy signal on Fastly stock, and our model calls for holding the position unchanged. Signal strength stays high, 87 out of 100, in a picture that's still wide and volatile.
This week's summary
Fastly bounces decisively off its 20-day moving average: a touch in the 20 area and a 13% rebound, with buyers controlling 90% of daily volume. The week just closed gains 12%, pushing the price close to the 7-session high, in the 22.8 area. The buy signal, which fired 2 weeks ago, holds: our model calls for keeping the position unchanged, with the trade up 9.4% from entry.
IQS Phase
59
ordinary
Signal Strength
87
high · wide & volatile
Sizing
FULL
Ranking
#14 / 120
US stocks in progress
Trade P&L %
+9.36%
from signal to date, no stop loss
Rank position
ranks 14th among the 120 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 -0.30% · monthly -5.53%
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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