Fresh Buy signal · week 1
STMicroelectronics jumps 10.3% as money flow turns positive after 10 weeks
Our view last week
STMicroelectronics gains 3.5%, but the bounce stalls below its 7-day high, in the 53.5 area, and in the weekly bar sellers are back in front with 57% of volume, after 93% on the buy side a week earlier. For STMicroelectronics stock, the technical analysis points to a decline losing conviction: ADX falling for 11 weeks and money flow climbing almost back to zero. The price action stays mixed, and the short is up 16% since entry.
This week's summary
A 10.3% bounce off the 50-day average flips the picture for STMicroelectronics: a week ago the recovery had stalled below its short-term high, now the sell signal gives way to a fresh Buy signal. For STMicroelectronics stock, the technical analysis shows money flow back in positive territory after 10 weeks below zero. Among tech stocks with a fresh buy signal, this trade setup still needs a close above the recent high, in the 57.4 area.
IQS Phase
63
ordinary
Signal Strength
75
high · wide & volatile
Sizing
FULL
Ranking
#1 / 6
New us stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
STMicroelectronics RegS (STM) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 1st among the 6 fresh Longs for US stocks in our ranking, with a signal strength of 75 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly +1.80% · monthly +8.83%
STM belongs to the growth tech sector (reference ETF XLK). The sector is classified in strong phase according to our weekly reading.
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