The weekly on-balance volume (OBV) formed a negative divergence at the highs (line h), and is testing its long-term uptrend (line i).
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The weekly relative performance dropped below its WMA in early December and is now testing its uptrend, line h.
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The weekly OBV has been above its WMA for the past three months and is now testing its downtrend, line h.
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The RS line is now testing more important support (line h).
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The weekly relative performance is now testing its WMA. It needs to move through its downtrend (line h) to turn positive.
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