Intuitive Machines: the decline continues, losing conviction
Intuitive Machines stock slips another 4.5%, but the weekly ADX signals a decline losing conviction
Intuitive Machines: the decline continues, losing conviction
Our view last week
Intuitive Machines stock gives up another 4.4%, with sellers holding 94% of trading volume and money flow still worsening, now deeply negative. The new twist is the weekly ADX, down from 45 to 37: the trend is losing conviction, even though price doesn't show it yet. On the daily chart the double bottom in the 13 area already produced a 17% rebound, but sellers are back in control. The short is now more than 51% in profit, on a name with very high volatility.
This week's summary
Intuitive Machines stock gives up another 4.5%, but with a lighter seller hand: 55% of volume against 94% last week. The weekly ADX keeps falling, from 37 to 34.8: the trend is losing conviction even as price doesn't ease up. On the daily technical analysis chart the stock stays boxed between its first support and first resistance, with the short now more than 53% in profit on a name with very high volatility.
IQS Phase
74
in tension
Signal Strength
22
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#44 / 138
US stocks
Trade P&L %
+53.64%
from signal to date, no stop loss
Rank position
ranks 44th among the 138 sell signals for US stocks in our ranking, with a signal strength of 22 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -0.30% · monthly -5.53%
LUNR belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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