MRV Engenharia — Sell signal in management, week 19
MRV Engenharia drops 6.6% as sellers retake control of volume
MRV Engenharia — Sell signal in management, week 19
Our view last week
MRV Engenharia's Sell signal has been under management for 18 weeks, with the short past 34% in profit. Last week's bounce toward the Inversion Point read like a decline running out of road; this week that story flips, with a 7.7% drop and sellers back in control of volume, 70% of the tape. The ADX is climbing, the trend regaining conviction: the weekly technical picture points to a continuation.
This week's summary
MRV Engenharia's Sell signal, now in its 19th week of management, keeps rolling: after last week's 7.7% drop, another 6.6% decline has put sellers back in control of the tape, 87% of the week's volume. The ADX keeps climbing, and the trend keeps gaining conviction. The short is now more than 39% in profit.
Ongoing decline
·19th week from start
·Rest of the World stocks
·T2
·📅 Earnings · Aug 12
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IQS Phase
83
in tension / maturity
Signal Strength
58
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#6 / 16
Rest of the World stocks
Trade P&L %
+39.06%
from signal to today
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