Rolls-Royce slips 0.3% as the weekly MACD crosses bearish after 14 weeks
Rolls-Royce closes a third losing week, down 0.3%, and its weekly MACD drops below the Signal line after 14 weeks. Rolls-Royce stock technical analysis: buyers back at 57% of volume.
Rio Tinto slips 2.1%, a third straight weekly loss, squeezed just above the 7120 area
Rio Tinto slips 2.1%, its third straight weekly loss, and edges toward the Inversion Point in the 7120 area. Rio Tinto stock technical analysis for swing trading: MACD below its Signal line, distribution and a buy signal on the edge.
Rheinmetall bounces 2.1%, but a wall of daily averages turns the rebound back
Rheinmetall stock rebounds 2.1%, but price is turned back below its 7-day high by a cluster of daily moving averages. Technical analysis and price action: sellers still ahead and money flow below zero, a swing trading setup to watch.
RELX edges up 1% as sellers keep a firm grip on the weekly bar
RELX stock edges up 1% after 2 down weeks, yet sellers dominated the weekly bar to an extreme. Technical analysis and price action trading on a struggling weekly buy signal, with money flow negative for 3 weeks.
QDVE gains 0.9% on a bounce off its 20-day average, the breakout still pending
QDVE, the US technology sector ETF, gains 0.9% and bounces off its 20-day average, yet closes below its 7-day high. QDVE technical analysis: one of our weekly buy signals, with ADX falling for 5 weeks as the trend loses conviction.
Prudential slips 0.9% as money flow turns negative after 7 positive weeks
Prudential slips 0.9% and money flow drops below zero after 7 positive weeks, with 84% of volume on the sell side. Prudential stock technical analysis: the sell signal carries on, with lower daily highs and distribution underway.
National Grid gains 1.5% as buyers take back the weekly volume
National Grid gains 1.5% after 5 down weeks, with 83% of weekly volume on the buy side. For National Grid stock the price action turns mixed: money flow is back above zero while momentum keeps falling. A trade setup to watch for swing trading.
Munich Re edges up 0.5%, but sellers take 79% of the week's volume
Munich Re edges up 0.5%, yet sellers take 79% of the weekly bar's volume. Munich Re stock technical analysis for swing trading: MACD slowing, money flow fading, price boxed in between the 503 and 509 areas.
Mercedes-Benz slides 5.8% as sellers rule the week and price drops through the stops
Mercedes-Benz drops 5.8% and closes below last week's stop levels, with sellers dominating the weekly bar. Mercedes-Benz stock technical analysis: heavy price action, and a trade setup whose weekly buy signal is still live but weak.
London Stock Exchange Group halts its slide (+0.1%) but sits right on its Inversion Point
London Stock Exchange Group stock closes up 0.1% after last week's 6.7% drop, resting on its Inversion Point in the 8220 area. Weak price action, sellers ahead in the weekly bar: a trade setup under test, one of the stocks to watch.
Lloyds Banking Group slips 2% as money flow turns negative after 17 weeks
Lloyds Banking Group stock slips 2% as a fresh sell signal fires and money flow turns negative after 17 weeks. Weekly technical analysis: the long-term trend is still up, so this trade setup is flagged high-risk for now.
Infineon slips 4.6% onto its 200-day average, yet volume stays on the buy side
Infineon stock drops 4.6%, erasing last week's bounce and landing back on its 200-day average in the 55.8 area. Mixed price action: weekly volume stays on the buy side and money flow climbs toward zero, a swing trading setup to watch.
HSBC stock slips 2.6% as sellers take 80% of the week's volume
HSBC slips 2.6% in a second down week, with sellers taking 80% of the volume. HSBC stock technical analysis: weekly MACD below its Signal line, a bearish engulfing on the daily chart and money flow still positive, read for swing trading.
GSK rebounds 6% as buyers take back 72% of the volume, with money flow still negative
GSK stock bounced 6.0% with buyers taking 72% of the volume, a week after near-total selling. Our technical analysis of the trade setup: money flow is still negative, the daily chart prints a bearish engulfing and the sell signal stays open.