Strategy's sell signal, 8th week of management
Strategy flat (+0.2%): sellers ease off, but distribution deepens
Strategy's sell signal, 8th week of management
Our view last week
Strategy Inc's rebound lasted just one week: the stock gave back 6.1%, sellers regained control of 78% of trading volume, and money flow stays in distribution. The ADX has climbed for a fourth straight week — the decline is gaining conviction. The sell signal is in its seventh week of management, with the short more than 40% in profit.
This week's summary
Strategy shares close another near-flat week (+0.2%), after last week's rebound fizzled out. Sellers still hold the upper hand, though with less grip (60% of trading volume, down from 78% a week ago); money flow, however, keeps sliding deeper into distribution, and the ADX has climbed for a fifth straight week — the decline keeps gaining conviction. The sell signal is now in its eighth week of management, with the short more than 40% in profit.
IQS Phase
69
in tension
Signal Strength
7
decline losing steam
Sizing
MINIMUM
Ranking
#108 / 140
US stocks
Trade P&L %
+40.38%
from signal to today
restricted Platinum content