Infineon's decline speeds up in week six
Infineon drops 9.3% as sellers take control in week 6
Our view last week
Sellers regain control on Infineon this week: 95% of volume shifts to the sell side, even though the stock gives up just 0.6%. It's a sharp change of pace from the tight range of the past few weeks. Infineon stock stays pinned between the nearest support and resistance, in the 62 area, as the sell signal enters its 5th week. The short is up 3% since entry.
This week's summary
After last week's shift, Infineon's decline finally shows in the tape: Infineon stock sheds 9.3%, its last bar marked by near-total seller dominance and buyers in clear retreat. ADX has been fading for seven weeks, a sign the trend is losing conviction, while money flow slides back into deterioration after a brief pause. The Sell signal is under management in its 6th week, with the short 12% in the money.
IQS Phase
66
in tension
Signal Strength
75
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#2 / 46
EU-UK stocks
Trade P&L %
+12.08%
from signal to date, no stop loss
Rank position
ranks 2nd among the 46 sell signals for European-UK stocks in our ranking, with a signal strength of 75 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV3
Sector regimeweak phase
Performanceweekly -1.88% · monthly +3.58%
IFX belongs to the european sector (reference ETF EXV3). The sector is classified weak phase according to our weekly reading.
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