Sell signal, week 6: the bounce arrives
PDG Realty jumps 12.1% after 4 straight weekly losses, money flow stays negative
Our view last week
PDG Realty's decline has picked up speed: after a 0.9% slip a week ago comes a 4.5% drop, the 4th straight weekly loss. The weekly RSI has not moved from 20.3, deeply oversold for 4 weeks, and the ADX has been falling for 9: PDG Realty stock is losing ground while the trend loses conviction. On technical analysis, money flow stays negative and is weakening. The short is more than 8% in profit; on a highly volatile name, it is one to follow week by week.
This week's summary
PDG Realty bounces 12.1% after 4 straight weekly losses, an 8% rebound that started at the 20-day moving average. PDG Realty stock is still deeply oversold, though, with the weekly RSI at 21, and money flow has been negative for 86 weeks. A week ago the short was more than 8% in profit, today it sits at a small loss: on technical analysis the Sell signal is still live, and on a name this volatile, for swing trading, the price action needs watching week by week.
IQS Phase
68
in tension
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#5 / 5
Rest of the World stocks
Trade P&L %
-2.56%
from signal to date, no stop loss
PDG Realty (PDGR3) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 5th among the 5 sell signals for titoli resto del mondo in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimeweak phase
Performanceweekly +2.32% · monthly -4.08%
PDGR3 belongs to the financials sector (reference ETF XLF). The sector is classified weak phase according to our weekly reading.
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