Downtrend accelerating sharply
Terrestrial Energy plunges 21.5% as its Sell signal keeps its edge
Downtrend accelerating sharply
Our view last week
Terrestrial Energy comes back under pressure: sellers dominated the last bar to an extreme, and just 17% of daily volume came from buyers, with the stock already in a distribution phase. The week closed down 8.8%, more than double the decline from a week ago, and signal strength climbs to 17 out of 100: a decline regaining momentum after a shaky start. Trading not recommended per our model.
This week's summary
Terrestrial Energy's Sell signal accelerates sharply: after last week's 8.8% drop, this week closes down 21.5%, with sellers extremely dominant in the last bar and the stock already in a distribution phase. Signal strength climbs to 74 out of 100: a downtrend making lower lows, pace holding, with no sign of let-up. This week's Terrestrial Energy technical analysis confirms trading is not recommended, also due to elevated volatility.
IQS Phase
74
in tension
Signal Strength
74
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#31 / 140
US stocks sell signals
Trade P&L %
+28.41%
from signal to today
restricted Platinum content