Sell signal in observation, decline stalling
International Petroleum (+0%): the double bottom in the 206 area cools the Sell signal
Sell signal in observation, decline stalling
Our view last week
International Petroleum is in week 3 of a sell signal, and this week it gave up 2.6%, continuing to make lower lows: a decline holding its pace, not one running out of steam. Signal strength falls to 38 out of 100, consistent with this profile, while the stock ranks 20th among the 54 European-UK sell signals. Our quality band flags trading not recommended: the stock remains well above its 200-week average.
This week's summary
International Petroleum's shares closed the week flat, but underneath something is moving: a clean double bottom in the 206 area triggered a 5% intraday rebound, and the Sell signal has lost its fresh push — strength drops to 10 out of 100. In this week's technical analysis the setup quality indicator (IQS) stays high, at 78, in a tension phase. The stock ranks 34th among the 54 European-UK sell signals, and our quality band flags trading not recommended.
IQS Phase
78
in tension
Signal Strength
10
decline losing steam
Sizing
MINIMUM
Ranking
#34 / 54
EU-UK stocks sell signals
Trade P&L %
+5.64%
from signal to today
restricted Platinum content