Sell signal, the week closes with a sharp drop
Reddit drops 13.9% in a week as the MACD turns bearish again
Our view last week
Reddit stock rallies again: the week closes up 10.1%, the third leg of a rebound now at 17% off the late-July lows, with a sharp bounce off the 20-day moving average. The Sell signal, live for three weeks, is fading — down to 2 out of 100 — while this week's technical analysis shows price climbing back toward the Inversion Point. Price closed above the first stop level (SL1) flagged in last week's card (172.94 area): for anyone following that level the trade is closed.
This week's summary
Reddit's Sell signal has reached its 4th week with a sharp turn: after a two-week bounce, the stock drops 13.9% and the weekly MACD flips back below its signal line. The system had issued an early-exit warning after last week's confirmation closed bullish; anyone staying now follows a decline making lower lows, with strength at 47 out of 100 and IQS at 69. Reddit ranks 27th among the 93 US sell signals.
IQS Phase
69
in tension
Signal Strength
47
decline starting to make lower lows
Sizing
REDUCED
Ranking
#27 / 93
US stocks sell signals
Trade P&L %
-8.97%
from signal to date, no stop loss
Rank position
ranks 27th among the 93 sell signals for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
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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