USMV: buyers return, resistance just overhead
USMV gains 0.4%, but four lower highs cap the daily rebound
USMV: buyers return, resistance just overhead
Our view last week
USMV's weekly technical analysis shows the low-volatility US stock ETF still knocking on its record highs - tested three times already without breaking - though the stock gave back 1.2% this week. Beneath the surface buyer dominance is fading, and sellers took the upper hand on the last bar. The buy signal is in its 11th week, up 2.14% from entry, with signal strength now low.
This week's summary
USMV's weekly technical analysis, the ETF tracking low-volatility US stocks, shows a 0.4% bounce this week with buyers back in charge — 89% of the volume on the buy side — and money flow improving sharply. On the daily chart, though, the picture stays mixed: four straight lower highs, from the 99 area down to the 97 area, keep the price boxed into a very tight band right under resistance. The trade is up 2.51% from entry.
IQS Phase
58
ordinary
Signal Strength
20
low · fading
Sizing
MINIMUM
Ranking
#119 / 124
US stocks in progress
Trade P&L %
+2.51%
from signal to today
Rank position
ranks 119th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 20 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
USMV belongs to the etf broad sector (reference ETF ).
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