Sell signal in its 4th week, signal strength 39
NuScale Power bounces 4.8% off a double bottom as the sell signal loses steam
Sell signal in its 4th week, signal strength 39
Our view last week
NuScale Power shares drop another 14.6% this week, the sharpest fall since the sell signal opened: the double bottom from seven days ago didn't hold, and the decline keeps carving lower lows, pace holding. Money flow stays negative and distribution is deepening, on a name with very high volatility. Our model flags trading as not recommended for fresh entries; for anyone already short, the trade is more than 20% in the money.
This week's summary
NuScale Power bounces 4.8% this week, climbing off a clean double bottom in the 8.1 area: an 11% rebound off the lows that comes with the first signs of seller fatigue, still dominant but fading. NuScale Power stock stays inside a sell signal, with signal strength at 39 out of 100 - a decline with no fresh push, on a name with very high volatility. Our model flags trading as not recommended for fresh entries here.
Sell signal in observation
·4th week from start
·US stocks
·T2
·📅 Earnings · Aug 12
★ See Gold version →
IQS Phase
68
in tension
Signal Strength
39
decline losing steam
Sizing
REDUCED
Ranking
#69 / 141
US stocks sell signals
Trade P&L %
+17.11%
from signal to today
Rank position
ranks 69th among the 141 sell signals for US stocks in our ranking, with a signal strength of 39 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimein positive regime
Performanceweekly +1.81% · monthly +1.36%
SMR belongs to the industrial sector (reference ETF XLI). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content