Decline under management, week 30
Hermès stock nearly flat (-0.2%): buyers retake volume and RSI slides to fresh lows
Our view last week
Hermès' Sell signal has been under management for 28 weeks, with the short above 22% profit. After last week's rebound (buyers making up 94% of volume, +6.8%), the decline retakes control: this week the stock sheds 3.6% and sellers are back to 96% of the flow. Hermès stock stays boxed between two close technical levels, and the weekly RSI slides toward the period's lows.
This week's summary
Hermès stock closes an almost flat week (-0.2%), but volume swings back to buyers, at 78% of the flow, after a week dominated by sellers. The Sell signal has been under management for 30 weeks, with the short above 22% profit: the weekly RSI keeps sliding toward its lows, while the daily chart builds three higher lows. Technical analysis of a decline still in charge, but increasingly contested.
IQS Phase
60
ordinary
Signal Strength
13
decline losing steam
Sizing
MINIMUM
Ranking
#35 / 46
EU-UK stocks
Trade P&L %
+22.47%
from signal to date, no stop loss
Rank position
ranks 35th among the 46 sell signals for European-UK stocks in our ranking, with a signal strength of 13 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXH7
Sector regime
Performanceweekly coming soon · monthly coming soon
RMS belongs to the european sector (reference ETF EXH7).
restricted Platinum content