Sell signal in observation · week 3
Mercedes-Benz slips 0.3% to a fresh 90-week low as the decline loses steam
Our view last week
A 4th straight losing week for Mercedes-Benz, down another 3.8%, with the weekly MACD slipping below its Signal line after 8 weeks above it. The Sell signal that fired a week ago is holding its pace: signal strength stays at 100 out of 100 and Mercedes-Benz stock ranks 3rd among the 89 European sell signals. Price is hugging its lows, though, with the daily RSI at 22: on our technical analysis a fresh short from here is still a high-risk trade setup for swing trading.
This week's summary
A fresh 90-week low for Mercedes-Benz, confirmed by the weekly close, yet the slide has changed pace: after last week's 3.8% drop, this one gives up just 0.3%. Mercedes-Benz stock stays under a Sell signal in week 3, but signal strength, at 100 out of 100 a week ago, now describes a decline losing steam. Price action is still weak and money flow negative: on our technical analysis, a fresh short here remains a high-risk trade setup.
IQS Phase
71
in tension
Signal Strength
25
decline losing steam
Sizing
MINIMUM
Ranking
#44 / 93
EU-UK stocks sell signals
Trade P&L %
+4.11%
from signal to date, no stop loss
Mercedes-Benz (MBG) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 44th among the 93 sell signals for European-UK stocks in our ranking, with a signal strength of 25 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXHG
Sector regimeweak phase
Performanceweekly +0.68% · monthly -7.51%
MBG belongs to the european sector (reference ETF EXHG). The sector is classified weak phase according to our weekly reading.
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