SPTM: sellers retake control
SPTM slips 1.4% as sellers retake control of trading
SPTM: sellers retake control
Our view last week
In this week's technical analysis, SPTM gains 1.2% as buyers reclaim control with 97% of trading volume, following the sellers' brief takeover two weeks ago. Beneath the surface, though, the push is fading: the MACD is narrowing and momentum has been sliding for a month, just as price works right up against its recent highs.
This week's summary
SPTM slips 1.4% this week as sellers retake control of trading with 85% of volume, flipping last week's 97% buyer dominance in a single session. Underneath, the fade already flagged last week keeps unfolding: momentum has been sliding for a fourth straight month, the MACD histogram is narrowing again, and the weekly RSI backs off to 60.7 from 65.5. The stock still sits close to its record highs, just 2% below, with the trade running at +9.3%.
IQS Phase
56
ordinary
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#86 / 112
US stocks in progress
Trade P&L %
+9.34%
from signal to today
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