Adidas: a red week, but the structure holds
Adidas slips 4.1%, but the double bottom in the 168 area holds the line
Adidas: a red week, but the structure holds
Our view last week
In this week's technical analysis, Adidas stock stays glued to its recent highs: the week gave back 0.4%, but the trend keeps gaining breadth — the weekly ADX climbs to 31 — while the MACD loses some shine and volumes contract. Beneath the surface, early fatigue shows up, with sellers slightly ahead in the last session. The trade, now in its tenth week and up 23.32%, slips to 18th place among the 61 open European buys.
This week's summary
Adidas stock gives back 4.1% this week, but the double bottom in the 168 area - with a 13% rebound - keeps the structure intact. Beneath the surface, though, sellers took over the last session and candle bodies lose conviction: early fatigue signs on a stock still working near already-contested highs. The trade, now in its 11th week and up 18.22%, slips to 17th place among the 59 open European buys: our weekly technical analysis calls for managing it with method.
IQS Phase
42
ordinary
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#17 / 59
EU-UK stocks in progress
Trade P&L %
+18.22%
from signal to today
Rank position
ranks 17th among the 59 Longs already running for European-UK stocks in our ranking, with a signal strength of 56 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXH7
Sector regime
Performanceweekly coming soon · monthly coming soon
ADS belongs to the european sector (reference ETF EXH7).
restricted Platinum content