VXUS: MACD turns bearish, capital at +5%
VXUS edges up 0.6% as the MACD completes its bearish crossover
VXUS: MACD turns bearish, capital at +5%
Our view last week
Week 12 of a buy signal on VXUS, and our model's coverage is now closed: all 3 statistical references have been hit, with residual capital running at +4.39% since entry. On the technical side the week closed slightly higher, but with cooling signs in buying flow and momentum: a phase to watch rather than chase.
This week's summary
VXUS's weekly technical picture confirms the cooling in flow and momentum flagged last week: the MACD has just completed a bearish cross, even as buy-side volume swings back in the buyers' favor. On the daily chart the double bottom in the 83 area is still visible, with an 8% rebound, while price sits boxed between the first resistance and the first support, just above and below the 85 area. The capital still in play is running at +5% since entry.
IQS Phase
53
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#73 / 129
US stocks in progress
Trade P&L %
+5.01%
from signal to today
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