Usiminas's decline reloads after earnings
Usiminas drops 13.2% after earnings as the Sell signal regains strength
Usiminas's decline reloads after earnings
Our view last week
After last week's decline, Usiminas rebounds 3%: the double bottom in the 7.9 area holds and buyers are back in control, with 60% of volume on the buy side and cash flow turning positive again. The picture stays mixed though: ADX keeps sliding and weekly momentum is still negative, a sign the decline is losing conviction without having reversed yet. The sell signal, open for 5 weeks, remains under management.
This week's summary
Usiminas's Sell signal regains bite: after last week's rebound, the July 30 earnings report triggered a 13.2% drop, with 95% of volume on the sell side and cash flow back in negative territory. The ADX stays high but keeps sliding, a sign the trend still leads yet loses conviction. The stock now works between its 50-week average and the daily pivot average, in a decline running for six weeks.
Ongoing decline
·7th week from start
·Rest of the World stocks
·T2
·📅 Earnings · Jul 30
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IQS Phase
84
in tension / maturity
Signal Strength
60
decline starting to make lower lows
Sizing
STANDARD
Ranking
#3 / 18
Rest of the World stocks
Trade P&L %
+19.74%
from signal to date, no stop loss
Rank position
ranks 3rd among the 18 sell signals for titoli resto del mondo in our ranking, with a signal strength of 60 out of 100.
Sector context
SectorMaterials
Benchmark ETFXLB
Sector regimeweak phase
Performanceweekly -1.62% · monthly -1.16%
USIM5 belongs to the materials sector (reference ETF XLB). The sector is classified weak phase according to our weekly reading.
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