Sell signal, week 6: the decline picks up speed
Alphabet drops 7.8% as the Sell signal accelerates toward support
Sell signal, week 6: the decline picks up speed
Our view last week
Alphabet is a sell signal in its sixth week, and the late-June rebound is now behind it: this week sellers took 84% of volume, the stock lost 2.9%, and money flow turned negative again. The double bottom in the 336 area still holds, but price is now working lower, squeezed between the 100-day average and the daily pivot point, just above the 345 area.
This week's summary
Alphabet shares closed the week down 7.8%, the sharpest drop of the last four, with sellers controlling 89% of volume. Money flow turned sharply negative and momentum collapsed, a sign the decline is accelerating. Price is now boxed between the 200-day average and the daily pivot average, with earnings due this week keeping tension high.
IQS Phase
76
in tension
Signal Strength
91
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#15 / 141
US stocks
Trade P&L %
+11.10%
from signal to today
Rank position
ranks 15th among the 141 sell signals for US stocks in our ranking, with a signal strength of 91 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
GOOGL belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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