Sell signal, a 5.5% weekly rebound
Terrestrial Energy rebounds 5.5%, but the daily chart turns bearish again
Sell signal, a 5.5% weekly rebound
Our view last week
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.
This week's summary
After last week's 21.5% plunge, Terrestrial Energy's Sell signal is losing steam: this week closes up 5.5%, but a bearish engulfing bar just showed up on the daily chart, a sign sellers came back late in the week. Distribution stays underway and daily money flow is still negative. Terrestrial Energy stock, among the most volatile in its category, remains in trading-not-recommended territory per our weekly technical analysis.
IQS Phase
85
in tension / maturity
Signal Strength
44
isolated weekly drop
Sizing
REDUCED
Ranking
#53 / 141
US stocks sell signals
Trade P&L %
+24.46%
from signal to today
Rank position
ranks 53rd among the 141 sell signals for US stocks in our ranking, with a signal strength of 44 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimein positive regime
Performanceweekly +1.81% · monthly +1.36%
IMSR belongs to the industrial sector (reference ETF XLI). The sector is classified in positive regime according to our weekly reading.
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