Hims & Hers, Sell signal under management for 5 weeks
Hims & Hers stock plunges 14.6% as sellers retake control of the tape
Our view last week
Hims & Hers stock jumps 20% in a week, reclaiming the 20-day moving average after a sharp bounce off the daily EMA20. Buyers dominate the tape at 76% of volume, and money flow turns positive again. The Sell signal, live for three weeks, is fading: strength drops to 3 out of 100, the mark of a decline running out of road. Setup quality stays ordinary at 37 out of 100, and the stock slips to 78th among 93 US sell signals.
This week's summary
Hims & Hers' Sell signal has been under management since week 5, with the short now in a small loss, -3.85% since entry. After last week's sharp 20% bounce, this week the stock plunges 14.6%: sellers retake control of the tape, 92% of volume, and money flow flips back into negative territory. Price stays boxed between the first resistance, in the 29.6 area, and the first support, in the 27.4 area.
IQS Phase
51
ordinary
Signal Strength
49
decline starting to make lower lows
Sizing
REDUCED
Ranking
#19 / 96
US stocks
Trade P&L %
-3.85%
from signal to date, no stop loss
Rank position
ranks 19th among the 96 sell signals for US stocks in our ranking, with a signal strength of 49 out of 100.
Sector context
SectorHealth Care
Benchmark ETFXLV
Sector regimein positive regime
Performanceweekly -1.98% · monthly +2.96%
HIMS belongs to the health care sector (reference ETF XLV). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content