Adidas: the trade flips to a sell signal
Adidas stock drops 8.2% and a fresh sell signal takes the top spot in our ranking
Adidas: the trade flips to a sell signal
Our view last week
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.
This week's summary
Adidas stock flips the script: after 11 weeks long and an 18.22% gain, a fresh sell signal takes over this week, ranking first among the 47 European-UK sell signals in our model. The stock drops 8.2% and closes with 4 lower highs in a row, from the 184 area toward the 182 area; signal strength reads "downtrend making lower lows, pace holding" - a healthy decline still running. Our weekly technical analysis flags a high-risk opening: better to wait for the confirmation week before stepping in.
IQS Phase
55
ordinary
Signal Strength
100
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#1 / 47
New eu-uk stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Rank position
ranks 1st among the 47 sell signals for European-UK stocks in our ranking, with a signal strength of 100 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