Fourth week of the buy, signal strength at its peak
Hims & Hers slips 4.5% this week, yet the trend keeps gaining conviction
Fourth week of the buy, signal strength at its peak
Our view last week
Hims & Hers stock drops 6.6% in the third week of its buy signal, with sellers in control of the last session and volume contracting. Daily money flow stays positive and the weekly bullish structure holds, three of four moving averages aligned. Signal strength, high at 81 out of 100, describes a wide, volatile move to manage with discipline in this weekly technical analysis.
This week's summary
Hims & Hers slipped 4.5% this past week, with volume contracting and sellers firmly in control of the last bar. Underneath, a clean double bottom in the 26 area holds, backed by a 17% rebound, and the ADX is climbing: the trend gains conviction even as price pulls back. The buy signal is now in its fourth week and the trade is underwater, with August 10 earnings coming into view — a case worth watching in this week's Hims & Hers stock technical analysis.
IQS Phase
53
ordinary
Signal Strength
86
high · wide & volatile
Sizing
FULL
Ranking
#17 / 112
US stocks in progress
Trade P&L %
-7.41%
from signal to today
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