Decline holds, but the push fades
Hermes gains 1.6%: the sell signal holds at week 31, but the push is fading
Our view last week
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.
This week's summary
Hermes stock closes the week slightly higher (+1.6%), with buyers still in control at 64% of the flow and money flow back in positive territory after two red weeks. On the daily chart the run of higher lows stretches to four, from the 1520 area to the 1540 area: the same grip seen a week ago, a touch less pronounced this time. The Sell signal has been open for 31 weeks, with the short above 21% profit.
IQS Phase
56
ordinary
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#48 / 51
EU-UK stocks
Trade P&L %
+21.24%
from signal to date, no stop loss
Rank position
ranks 48th among the 51 sell signals for European-UK stocks in our ranking, with a signal strength of 2 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