IDEV · developed markets ETF
IDEV, the developed markets ETF, slips 0.5% just below its highs
Our view last week
IDEV, the international developed markets ETF, is taking a breather after four straight weeks of gains: the week closes slightly lower, within a hair of its all-time highs. Buyers still control the volume and money flow stays firmly positive for a 14-week run, while the ADX is rising and the trend is gaining conviction. The trade is up 6.23% since entry.
This week's summary
After last week's pause, IDEV gives back more ground near its all-time highs: the daily chart shows a bearish engulfing bar, and sellers took control of the last session, ending 4 weeks of buyer dominance. The weekly picture stays bullish - the ADX has been rising for 4 weeks - but warning signs are building. This is the 20th week of managing the ETF's buy signal, up 5.75%.
IQS Phase
58
ordinary
Signal Strength
29
low · fading
Sizing
MINIMUM
Ranking
#142 / 175
US stocks in progress
Trade P&L %
+5.75%
from signal to date, no stop loss
Rank position
ranks 142nd among the 175 Longs already running for US stocks in our ranking, with a signal strength of 29 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
IDEV belongs to the etf broad sector (reference ETF ).
restricted Platinum content