Fresh sell signal · Mag7 ETF
Roundhill Magnificent Seven ETF: fresh sell signal, trading not recommended
Fresh sell signal · Mag7 ETF
In Summary
The Roundhill Magnificent Seven ETF receives a fresh sell signal in its 1st week. The weekly structure is bearish, but the week just closed was one of indecision — minimal movement — and our model flags trading as not recommended. On the daily chart, a double bottom is forming in the 64 area with a 6% intermediate rebound: a counter-signal worth weighing before any move.
IQS Phase
50
ordinary
Signal Strength
13
indecisive week
Sizing
MINIMUM
Ranking
#102 / 119
New us stocks
Trade P&L %
-0.82%
from signal to today
restricted Platinum content