Market update
What happened
QXO, Inc (QXO) rose 21.5% for the week ended Aug. 7, closing at $16.16. The move lifted the four-week return to 13.4%, putting the stock back on the active-mover screen in weekly context.
The confirmation is mixed. The trend signal remains inactive, Market Dynamics shows pressure, and Relative Strength is negative at -26.6. Weekly volume was broadly in line with recent trading, at 104.1 million shares versus a 13-week average of 106.6 million.