A2A turns bullish: a fresh Buy signal
A2A rises 1.5% as the Sell signal flips into a fresh Buy signal
A2A turns bullish: a fresh Buy signal
Our view last week
A2A's Sell signal has reached its 11th week, and this time last week's bounce has stalled: the stock slips 1.5% and sellers are back in control, with 68% of volume on the sell side. Money flow stays positive but is cooling off, and price remains boxed between the 50-week average and the 50-day average. The short is above 4% in profit: the fatigue signs spotted last week haven't found confirmation yet.
This week's summary
After eleven weeks under a Sell signal, A2A switches to a fresh Buy signal this week: a clean double bottom in the 2.2 area sparks a rebound, with 75% of daily volume on the buy side, and the stock closes the week up 1.5%. Price, though, stays boxed between the daily Kumo ceiling overhead and the cluster of moving averages just below: it's the first of the six fresh European Longs in our ranking, with signal strength still modest, 47 out of 100.
IQS Phase
60
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#1 / 6
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
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