Sell signal · week 2 · EU-UK stocks
Mercedes-Benz sheds 3.8% in a 4th straight losing week as the weekly MACD crosses down
Our view last week
Mercedes-Benz stock closes a third straight losing week with a 6.2% drop, and the price action leaves no doubt: sellers dominate the weekly bar to an extreme and buying stays below 25% of volume. A new Sell signal fires, with signal strength at 100 out of 100, 2nd among the 78 European sell signals. Price sits right on its lows, though, and our model rates a fresh short from here as a high-risk trade setup.
This week's summary
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.
IQS Phase
73
in tension
Signal Strength
100
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#3 / 89
EU-UK stocks sell signals
Trade P&L %
+3.78%
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 3rd among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 100 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXHG
Sector regimeweak phase
Performanceweekly -3.48% · monthly -7.23%
MBG belongs to the european sector (reference ETF EXHG). The sector is classified weak phase according to our weekly reading.
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