Ongoing decline, week 5
IonQ slides 5.6%: double bottom in the 33 area, but sellers retake control
Ongoing decline, week 5
Our view last week
IonQ stock shed another 18.9% this week, with sellers nearly in full control of the last bar and the distribution phase deepening: volumes contracting and buyer dominance collapsing. After last week's plunge, the decline shows no sign of slowing — the Sell signal climbs to 11th among the 140 US sell setups, with signal strength maxed out at 100 out of 100, reading "downtrend making lower lows, pace holding". The quality band flags trading as not recommended.
This week's summary
IonQ's decline is slowing but not stopping. After last week's plunge, a double bottom forms in the 33 area, with an intermediate 12% bounce sparking hope of a turn. But the last candle tells a different story: sellers come back to near-total control of the tape, buyer dominance collapses further, and the distribution phase widens. Price also breaks below the No-Trade Zone, and volatility stays very elevated, above 30%.
IQS Phase
79
in tension
Signal Strength
59
isolated weekly drop
Sizing
STANDARD
Ranking
#29 / 141
US stocks
Trade P&L %
+33.40%
from signal to today
Rank position
ranks 29th among the 141 sell signals for US stocks in our ranking, with a signal strength of 59 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
IONQ belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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