XPeng's decline in management: +3.8% and early cracks
XPeng gains 3.8% as the Sell signal shows its first cracks
XPeng's decline in management: +3.8% and early cracks
Our view last week
XPeng shares closed the week nearly flat, -0.4%, after last week's 8.2% bounce: the rally stalled, and sellers took back control, with 80% of volume on the sell side and the last candle dominated to an extreme. The stock is still boxed into the same tight corridor between the 12.76 area and the 13.12 area, with the decline still in charge.
This week's summary
XPeng's Sell signal has been under management for 12 weeks, with the short now above 18% in profit. After last week's sellers taking back control, with 80% of volume on the sell side, this week the picture rebalanced: +3.8% with volume almost evenly split. The price stays boxed between the 13.41 and 13.56 areas, but underneath, MACD, money flow and momentum have been improving for four straight weeks: the first cracks in the decline's grip.
IQS Phase
61
ordinary
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#138 / 140
US stocks
Trade P&L %
+18.79%
from signal to today
restricted Platinum content