Fresh sell signal
uniQure sheds 3.2% as the run of lower highs keeps extending
Fresh sell signal
Our view last week
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.
This week's summary
Technical analysis on uniQure signals a red week: the stock sheds 3.2% as the daily chart strings together 4 lower highs, sliding from 45 toward 41 dollars. Volume stays subdued and the weekly ADX is climbing, a sign the decline is gaining traction. Price is boxed into a tight corridor between two moving averages, with earnings due in early August keeping traders on alert.
IQS Phase
45
ordinary
Signal Strength
34
downtrend making lower lows, pace holding
Sizing
REDUCED
Ranking
#81 / 141
New us stocks
Trade P&L %
+0.00%
from signal to today
Rank position
ranks 81st among the 141 sell signals for US stocks in our ranking, with a signal strength of 34 out of 100.
Sector context
SectorHealth Care
Benchmark ETFXLV
Sector regimein positive regime
Performanceweekly +0.92% · monthly +6.01%
QURE belongs to the health care sector (reference ETF XLV). The sector is classified in positive regime according to our weekly reading.
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