Airbus: double bottom, +6% with earnings ahead
Airbus climbs 6% off a double bottom, presses toward its all-time highs
Airbus: double bottom, +6% with earnings ahead
Our view last week
Airbus stock gave back 1.5% this week, with volume contracting and the closing candle weaker than before, yet daily money flow stays positive and buyers still control 89% of the tape. In this Airbus technical analysis the buy signal is now in its 10th week, up 8.03% with all three statistical targets already hit; signal strength stays medium-weak.
This week's summary
Airbus stock climbs 6% this week, completing a double bottom in the 185 area with a clean rebound. The weekly structure is fully aligned to the upside, the ADX is gaining traction, and price is pressing against the upper Bollinger band, within a whisker of its all-time highs. Earnings land on Thursday, a catalyst worth watching closely. In this Airbus technical analysis the trade is running a double-digit gain, with signal strength sitting in the medium-weak range.
IQS Phase
73
in tension
Signal Strength
37
medium · weak
Sizing
REDUCED
Ranking
#47 / 59
EU-UK stocks in progress
Trade P&L %
+14.55%
from signal to today
Rank position
ranks 47th among the 59 Longs already running for European-UK stocks in our ranking, with a signal strength of 37 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXH4
Sector regimein positive regime
Performanceweekly +1.57% · monthly +0.29%
AIR belongs to the european sector (reference ETF EXH4). The sector is classified in positive regime according to our weekly reading.
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