Ongoing decline · week 18 · US stocks
Stellantis sheds 4.3% and prints a new 90-week low as the weekly RSI slips below 30
Our view last week
Stellantis has broken its 4.76-area low, which sat just beneath the price a week ago, and closes a 3rd straight losing week: down 4.6%, with 71% of volume on the sell side. On the weekly chart the MACD crosses below its Signal line and the ADX has been rising for 16 weeks: the trend is gaining conviction. For Stellantis stock the sell signal holds firm, with price action in distribution and the short 35.3% in profit, up from just over 32% a week ago.
This week's summary
Stellantis has printed a new 90-week low, in the 4.3 area, and confirmed it on the weekly close: a 4th straight losing week, down 4.3%. On the weekly chart the RSI slips below 30 and the ADX has been rising for 17 weeks: the trend keeps gaining conviction while money flow weakens further. For Stellantis stock, price action stays in distribution and the sell signal holds, with the short 38.1% in profit, up from 35.3% a week ago.
IQS Phase
75
in tension
Signal Strength
60
decline starting to make lower lows
Sizing
STANDARD
Ranking
#25 / 175
US stocks
Trade P&L %
+38.12%
from signal to date, no stop loss
Stellantis (STLA) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 25th among the 175 sell signals for US stocks in our ranking, with a signal strength of 60 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimeweak phase
Performanceweekly -0.47% · monthly -4.20%
STLA belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified weak phase according to our weekly reading.
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