Sell signal · week 5 · US stocks
Take-Two adds 0.6%: a new 90-day low that the weekly close did not confirm
Our view last week
Take-Two slips another 2% and stops just above its 30-day low, in the 200.5 area: the weekly bar's price action still sides entirely with sellers, with buying below 25% of volume and a strong distribution phase. Take-Two stock stays below its 50-week average, yet volume is contracting and the decline's push is fading from a week ago. One of the US stocks on a sell signal, and our weekly technical analysis flags trading as not recommended.
This week's summary
Take-Two printed a new 90-day low this week, in the 199 area, yet the close came back above the previous low and the week ends up 0.6%. A week ago the stock had stopped just above its lows; now it has pierced them without confirmation. Take-Two stock is still capped by its 20-day average, which turned it back again, with the MACD falling and money flow negative. In our weekly technical analysis of US stocks, the price action shows a Sell signal that has slowed its pace and is still standing.
IQS Phase
69
in tension
Signal Strength
6
decline losing steam
Sizing
MINIMUM
Ranking
#142 / 175
US stocks
Trade P&L %
+5.57%
from signal to date, no stop loss
Take-Two (TTWO) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 142nd among the 175 sell signals for US stocks in our ranking, with a signal strength of 6 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly +1.80% · monthly +8.83%
TTWO 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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