Sell signal · week 2 · US stocks
uniQure sinks 38.6% in a week and stalls at its 200-week average
Our view last week
uniQure stock closed the week at -13.1%, with sellers dominating the weekly bar to an extreme and buying below 25% of volume. The weekly MACD has crossed below its Signal line after 20 weeks above it: last week's lower highs have turned into a fresh sell signal. Technical analysis calls for caution, because the price action leaves the stock squeezed between support and resistance in the 38 area.
This week's summary
uniQure lost 38.6% in a week, dropping through its 50- and 100-week averages to a new 90-day low. A week ago the weekly MACD crossed bearish; now technical analysis of uniQure stock shows a downtrend making lower lows, with signal strength at 100 out of 100. On the daily chart the RSI is at 17 and the price action ends on a hammer, while the slide stopped at the 200-week average, in the 23 area: among US stocks, opening a fresh short here is high-risk.
IQS Phase
63
ordinary
Signal Strength
100
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#4 / 175
US stocks sell signals
Trade P&L %
+38.63%
from signal to date, no stop loss
uniQure (QURE) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 4th among the 175 sell signals for US stocks in our ranking, with a signal strength of 100 out of 100.
Sector context
SectorHealth Care
Benchmark ETFXLV
Sector regimein positive regime
Performanceweekly -2.65% · monthly -3.91%
QURE belongs to the health care sector (reference ETF XLV). The sector is classified in positive regime according to our weekly reading.
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