Sell signal in its 2nd week, signal strength at rock bottom
SCHF rebounds 1.4% but stays glued to its all-time highs
Sell signal in its 2nd week, signal strength at rock bottom
Our view last week
SCHF closes the week flat, just +0.1%, after a double bottom in the 27 area with a 3% rebound. The price stays boxed in near its all-time highs, with little room before the next resistance. Against that backdrop a new sell signal has kicked in, but signal strength is at rock bottom, 2 out of 100: a decline with no fresh push. In our SCHF technical analysis, the ETF tracking developed international equities, the stock still sits more than 26% above its 200-week average.
This week's summary
SCHF rebounds 1.4% this week, extending last week's 3% bounce off the 27 area: price touches the daily EMA20 again and turns higher. It's still boxed in near its all-time highs though, just 3.57% below the record, a level already tested multiple times. Against that backdrop a new sell signal has kicked in, but with signal strength at rock bottom, 2 out of 100: a decline with no fresh push.
IQS Phase
58
ordinary
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#130 / 138
US stocks sell signals
Trade P&L %
-1.44%
from signal to date, no stop loss
Rank position
ranks 130th among the 138 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
SCHF belongs to the etf broad sector (reference ETF ).
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