IDEV: sellers take back control of volume
IDEV slips 0.8% as sellers retake control of volume
IDEV: sellers take back control of volume
Our view last week
After June's double bottom in the 87 area, with a 4% intermediate rebound, IDEV has climbed back within reach of its all-time highs, grazed several times in recent sessions. This week's technical analysis shows a tight picture: buyers still control volume (67%), but the ADX keeps sliding and the trend is losing conviction. The open position is running at +2.03% since entry.
This week's summary
IDEV technical analysis: after weeks with buyers in control, sellers retake the volume this week (66%) and price slips 0.8%, while the ADX keeps fading. IDEV is still within reach of its all-time highs, with the open position up 1.24% and the stop now at breakeven on entry.
IQS Phase
50
ordinary
Signal Strength
38
medium · weak
Sizing
REDUCED
Ranking
#79 / 112
US stocks in progress
Trade P&L %
+1.24%
from signal to today
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