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Uptrend Exhaustion - Results (07/07/2023 - 7/14/2023) |
Symbol | Rank | Position | Start Price | End Price | Gain/Loss % | Chart |
CCL | | Short | 19.04 | 17.23 | 9.51 | Chart |
DAL | | Short | 47.88 | 46.49 | 2.90 | Chart |
NCLH | | Short | 21.89 | 20.42 | 6.72 | Chart |
ARNC | | Short | 29.53 | 29.56 | -0.10 | Chart |
CAH | | Short | 93.97 | 93.14 | 0.88 | Chart |
AAL | | Short | 18.35 | 18.14 | 1.14 | Chart |
ABC | | Short | 190.86 | 191.42 | -0.29 | Chart |
UNM | | Short | 49.01 | 47.27 | 3.55 | Chart |
HAS | | Short | 64.56 | 64.10 | 0.71 | Chart |
Average | | | | | 2.78 | |
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Stock market pick - picking stocks for swing trade. |
Uptrend Exhaustion |
| Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.
The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal. |
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Note. Strategies are based on system weekly
market alerts. System open long positions for each stock that generates
downtrend exhaustion or uptrend support alert. System open short position for
each stock that generates uptrend exhaustion or downtrend resistance alert.
Weekly results summary presents an average weekly gain/losses by strategy.
Results are calculated with assumption that position was open for each stock
alert on market close at last business week day and position was closed on
market close at last business day of the following week.
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