Sell signal, week 5
Lojas Renner slips 2% as buyers start showing up again
Our view last week
Lojas Renner shed 9.5% this week, with the price brushing its 90-week low. The decline keeps making lower lows at a steady pace: Sell signal strength climbs to its peak, 100 out of 100. Lojas Renner stock sits 7th among the 25 Rest of the World sell signals in our weekly technical analysis.
This week's summary
Lojas Renner is a sell signal in its fifth week, and the pace of the decline is shifting: after last week's 9.5% plunge, this week's drop eases to 2%. The real news is in volume: after five weeks of seller dominance, buyers step back into the lead, 65% of the trading. RSI slips to 30.9, near oversold territory, while the price stays below every structural average. The short is running more than 17% in profit.
IQS Phase
74
in tension
Signal Strength
47
isolated weekly drop
Sizing
REDUCED
Ranking
#5 / 25
Rest of the World stocks
Trade P&L %
+17.18%
from signal to date, no stop loss
Rank position
ranks 5th among the 25 sell signals for titoli resto del mondo in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein strong phase
Performanceweekly -0.15% · monthly +3.51%
LREN3 belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in strong phase according to our weekly reading.
restricted Platinum content