Intuitive Machines: the decline comes back hard
Intuitive Machines drops 17.6% as the decline carves fresh lows
Intuitive Machines: the decline comes back hard
Our view last week
Intuitive Machines is in the 4th week of a sell signal, and this week the stock gave up 1.1%. Signal strength drops to 23 out of 100, reading a decline losing steam, not yet exhausted. The setup quality indicator, at 76 out of 100, stays in tension of maturity, and the stock ranks 42nd among the 137 US sell signals. High volatility, trading not recommended per our model.
This week's summary
Intuitive Machines' Sell signal is back with force: after a week that looked like it had lost steam, the stock plunged 17.6%, with 95% of trading on the sell side. Money flow has just turned negative and price is making fresh lows again. In this week's Intuitive Machines technical analysis, the short stays one to manage with caution: the gain is already past 39%.
IQS Phase
78
in tension
Signal Strength
47
decline starting to make lower lows
Sizing
REDUCED
Ranking
#15 / 137
US stocks
Trade P&L %
+39.37%
from signal to today
restricted Platinum content