Reddit, a second down week: distribution deepens
Reddit falls 6.9% as sellers climb to 85% of the weekly volume
Reddit, a second down week: distribution deepens
Our view last week
This week Reddit stock gave back 7.2%, with 78% of the volume on the sell side in the last bar: the distribution flagged a week ago has deepened, and weekly momentum has nearly halved. The technical picture stays split — the weekly MACD keeps improving regardless — and the trade, in its 13th week of management, has seen the gain slip to 10.61% since entry.
This week's summary
Reddit stock gives back 6.9% for a second straight week: sellers dominate 85% of the latest session's volume, up from 78% seven days ago, and the distribution flagged last week is now even more pronounced. Momentum keeps slowing and the weekly ADX drops below 14, a sign the trend is losing conviction. The stock still holds above its 50-week average, with a recent double bottom in the 156 area offering a reference point below price.
IQS Phase
48
ordinary
Signal Strength
74
high · wide & volatile
Sizing
FULL
Ranking
#41 / 124
US stocks in progress
Trade P&L %
+3.01%
from signal to today
Rank position
ranks 41st 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%
RDDT belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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