The decline resumes after the pause
SolarEdge stock drops 4.9% as the Sell signal resumes its decline
Our view last week
After the 22.9% plunge in earnings week, SolarEdge stock bounces just 2.1% and moves back inside our model's neutral band. Under the surface the picture isn't improving: the weekly MACD has just slipped below zero, and momentum — already falling for a month — worsened again this week. The Sell signal, under management for 8 weeks, remains deep in the money, over 37%.
This week's summary
SolarEdge's decline resumes after last week's modest bounce: this week the stock sheds 4.9% and the weekly MACD slips below its Signal line, while the histogram keeps worsening for a 12th straight week. Under the surface a few cracks show — sellers still dominate but with less conviction, and momentum stops deteriorating after a month of decline. The short is under management for 9 weeks, now more than 40% in the money.
IQS Phase
81
in tension / maturity
Signal Strength
26
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#46 / 93
US stocks
Trade P&L %
+40.43%
from signal to date, no stop loss
Rank position
ranks 46th among the 93 sell signals for US stocks in our ranking, with a signal strength of 26 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -3.36% · monthly +0.78%
SEDG belongs to the industrial sector (reference ETF XLI). The sector is classified weak phase according to our weekly reading.
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