Sell signal in week 12, a step from switching off
Infineon jumps 14% above its Inversion Point and leaves the Sell signal hanging
Our view last week
Infineon ends the week up 1.5%, yet 84% of volume sits on the sell side: a recovery the buyers are not backing, the mirror image of a week ago, when the 4.6% drop came with buying at 77%. For Infineon stock, the technical analysis points to indecisive price action, with the price below its 20-day average in the 57.1 area. The short under management is 10.9% in profit, and money flow, negative for 10 weeks, is now within a step of zero.
This week's summary
Infineon surges 14% after bouncing off its 50-day moving average, and the technical analysis of Infineon stock shifts: money flow turns positive after 10 weeks below zero and the short, 10.9% in profit a week ago, slips into a loss. Weekly price action stays indecisive. Price closed above the first stop level (SL1) flagged in last week's card (63.5 area): for anyone following that level the trade is closed. The close and the Inversion Point, in the 62 area, have already crossed with no change of sign declared: one to watch in the coming sessions.
IQS Phase
30
compressed / accumulation
Signal Strength
2
decline nearly over
Sizing
MINIMUM
Ranking
#78 / 89
EU-UK stocks
Trade P&L %
-1.54%
from signal to date, no stop loss
Infineon Technologies (IFX) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 78th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV3
Sector regimein positive regime
Performanceweekly +5.44% · monthly +7.36%
IFX belongs to the european sector (reference ETF EXV3). The sector is classified in positive regime according to our weekly reading.
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