Eben@CANSLIM ResearchNu Holdings (NU) is trading in a Stage 4 declining trend, with the price below a falling 30-week moving average and only 1 of 8 trend template checks passing. The stock has formed a faulty deep base with a 38.2% depth, which historically carries an elevated failure rate, and no VCP or bullish flag pattern has emerged. Overall sentiment is bearish, suggesting investors should avoid or take a defensive stance.
Technical Analysis
As of 2026-08-12 · Close $13.56
Stage Analysis
Stage 4 (Declining) — Price below a declining 30-week MA — downtrend (30-week MA 6-week slope: -3.32%)
Detected Patterns — What the Market Is Watching
- Deep Base (>33% — elevated failure rate) — depth 38.2%, length 27 weeks, pivot $18.76. Base formed from 2026-01-28 (left-side high) to 2026-08-12, with the low of $11.6 set on 2026-06-08
⚠️ Faulty cup warning: the base is 38.2% deep (above the 38–40% threshold). A correction this deep leaves heavy overhead supply — trapped holders from higher prices are likely to sell into any rally, raising the failure rate of a breakout from this base.
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