Fresh sell signal · Developed markets ex-US ETF
SPDW slips 1.1% and flips to a sell signal while its 20-week average still holds
Our view last week
After two down weeks, SPDW, the developed markets ex-US ETF, closes up 0.7% with buyers back on top of the tape. This week price tagged the 52 area again, just under its all-time highs, and so far no session has turned it away. SPDW technical analysis still shows a trend losing conviction, with the MACD below its Signal line for 3 weeks and the ADX falling. This swing trading setup is in week 6, 2.1% underwater, and the price action trading picture stays indecisive.
This week's summary
This week SPDW set a new 30-day low, in the 49.6 area, without confirming it at the close: the 20-week average, in the 50.5 area, held once more. The 1.1% slip was still enough to trigger a fresh sell signal on SPDW, the developed markets ex-US ETF, ending the buy signal that was live until 7 days ago. SPDW technical analysis shows a weak trend, with the ADX falling for 5 weeks and indecisive price action: a swing trading setup to read with caution.
IQS Phase
88
in tension / maturity
Signal Strength
22
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#111 / 175
New us stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
SPDW Developed ex US weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 111th among the 175 sell signals for US stocks in our ranking, with a signal strength of 22 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
SPDW belongs to the etf broad sector (reference ETF ).
restricted Platinum content