Vertiv, sellers regain control
Vertiv drops 10.9% as the Sell signal reclaims the upper hand
Our view last week
Vertiv rebounds for a second straight week, nearly 8%, extending its recovery from late July's rout: buyers are back in charge, with 86% of volume on the buy side. This week's technical analysis on Vertiv stock flags a real hurdle, though: at the 7-day high, in the 298 area, price met a sharp rejection. The Sell signal stays under management: the short, worth 13.72% a week ago, has narrowed to 6.93%.
This week's summary
This week's technical analysis on Vertiv stock confirms the sharp rejection at the 7-day high, in the 300 area: the stock drops 10.9% and sellers take back control, with 80% of the week's volume on the sell side. The Sell signal, under management for 12 weeks, stays deep in the money, above 17%, but early cracks are showing: RSI and ADX fading, money flow turning more negative.
IQS Phase
64
ordinary
Signal Strength
52
decline starting to make lower lows
Sizing
STANDARD
Ranking
#18 / 93
US stocks
Trade P&L %
+17.03%
from signal to date, no stop loss
Rank position
ranks 18th among the 93 sell signals for US stocks in our ranking, with a signal strength of 52 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -3.36% · monthly +0.78%
VRT belongs to the industrial sector (reference ETF XLI). The sector is classified weak phase according to our weekly reading.
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