Mercedes-Benz, week 24 of a sell signal
Mercedes-Benz Group: the decline slows but does not exhaust itself
Mercedes-Benz, week 24 of a sell signal
In Summary
Week 24 of the sell signal on Mercedes-Benz Group, and the week closed with a 4.4% bounce after 3 consecutive weeks of declines. The technical picture stays split: buying volume has turned dominant again and CMF has nearly flattened out, but MACD remains in negative territory and price keeps moving inside a tight band between a nearby support and resistance.
IQS Phase
74
in tension
Signal Strength
20
decline losing steam
Sizing
MINIMUM
Ranking
#9 / 54
EU-UK stocks
Trade P&L %
+22.40%
from signal to today
restricted Platinum content