US ETF · Decline fading out
iShares S&P 100 ETF (OEF) rebounds 1.6% as buyers retake control off the 20-day bounce
US ETF · Decline fading out
Our view last week
Sellers are back in charge on the iShares S&P 100 ETF (OEF): after last week's bounce, the stock slips 1.0% with 79% of volume on the sell side and the weekly MACD completing its bearish cross. It confirms that the Sell signal, reactivated last week, is regaining pace. OEF's technical analysis shows money flow turning negative and momentum back below zero, while the 356-area double bottom still holds for now.
This week's summary
Buyers take back control of OEF (iShares S&P 100 ETF): after a week of heavy selling, the price climbs 1.6% with 94% of volume on the buy side and bounces off its own 20-day moving average. The weekly MACD stays in negative territory though, and the histogram keeps worsening: the underlying push hasn't flipped yet, even as the stock retests a highs area that has already rejected it several times.
IQS Phase
57
ordinary
Signal Strength
5
decline fading out
Sizing
MINIMUM
Ranking
#92 / 138
US stocks
Trade P&L %
-3.20%
from signal to date, no stop loss
Rank position
ranks 92nd among the 138 sell signals for US stocks in our ranking, with a signal strength of 5 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
OEF belongs to the etf broad sector (reference ETF ).
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