uniQure: the range breaks to the downside
uniQure sheds 5.6% and breaks its tight range as RSI and momentum cool off
uniQure: the range breaks to the downside
Our view last week
uniQure stock closes the week up 2%, with the trend gaining conviction — ADX climbs to 23.2 — but price stays boxed in a tight corridor between the 41.8 and 42.8 areas. Signal strength is high, 87 out of 100, and the trade is now running at +136% since entry, in week 11. Weekly technical analysis: the picture stays solid, with a few cracks under the surface worth watching.
This week's summary
The tight corridor uniQure had been boxed in for weeks has broken to the downside: the stock sheds 5.6%, with sellers back in control of the tape. Underneath, the picture is softening — RSI down to 61.3, money flow almost flat, momentum cut in half — even as the ADX keeps climbing. The trade, now in its 12th week, is still up more than 120% since entry.
IQS Phase
58
ordinary
Signal Strength
87
high · wide & volatile
Sizing
FULL
Ranking
#15 / 112
US stocks in progress
Trade P&L %
+123.24%
from signal to today
restricted Platinum content