The Sell signal is cooling off, but cash flow doesn't back it up
IREN slips 0.7% as buyers retake the volume, yet CMF keeps sliding
The Sell signal is cooling off, but cash flow doesn't back it up
Our view last week
IREN closes the week up 10.3%, but the read underneath tells a different story: the bounce comes off a clean double bottom in the 37 area, and on the last bar sellers are overwhelmingly in control, with just 1.6% of volume on the buy side. IREN stock stays inside a Sell signal now in its fourth week, with the short already 4.5% in profit: distribution stays heavy and the bounce doesn't convince.
This week's summary
IREN closes the week down 0.7%, the first cooldown after last week's bounce. Buyers reclaim 66% of the volume, versus just 10% seven days ago, but cash flow keeps sliding and MACD turns negative: the signals don't line up. Price action stays indecisive, with seller dominance fading yet distribution still heavy. IREN stock remains inside a Sell signal in its 5th week, with the short up 5.2%.
IQS Phase
79
in tension
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#120 / 138
US stocks
Trade P&L %
+5.20%
from signal to date, no stop loss
Rank position
ranks 120th among the 138 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -0.30% · monthly -5.53%
IREN belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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