Cloudflare, week 8: the rally loses steam
Cloudflare drops 5.6% as the buy signal loses momentum in its 8th week
Cloudflare, week 8: the rally loses steam
Our view last week
Cloudflare shares add another 3.5% and push back to the highs already tested twice, with the weekly technical analysis still solidly bullish — moving averages aligned, MACD improving — but buyer dominance is starting to fade. The buy signal is in its 7th week, the trade is up 14.8%, and 2 of the 3 targets from our model are already hit. With earnings due in two weeks, chasing the move here makes little sense.
This week's summary
Cloudflare shares fall 5.6% on the week, though the drop follows a clean double bottom in the 214 area and a 13% rebound. Underneath, buyers are stepping back: their dominance is collapsing and the last daily bar shows sellers firmly in control. With earnings due July 30, our technical analysis calls for extra caution on a buy signal that's still active but losing steam.
IQS Phase
49
ordinary
Signal Strength
74
high · wide & volatile
Sizing
FULL
Ranking
#23 / 124
US stocks in progress
Trade P&L %
+8.41%
from signal to today
Rank position
ranks 23rd among the 124 Longs already running for US stocks in our ranking, with a signal strength of 74 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
NET belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
restricted Platinum content