Allianz's rally takes a breather
Allianz slips 0.4% as its 10-week rally pauses, buyers still in charge
Our view last week
Allianz closes the week up 2.1%, with buyers decisively back in charge: buying volume jumps to 91%, from just 17% the week before. Weekly money flow keeps strengthening, and the stock is trading close to its all-time highs. Seven days ago sellers had grabbed the last session without denting the trend; this week the answer came in strong.
This week's summary
After a 10-week winning streak, Allianz stock takes a breather: the week closes down 0.4%, the first pause in a long, steady rally. Buyers still hold the majority of the volume, at 66%, though down from 91% seven days ago. On the daily chart the picture stays constructive, with a sequence of higher lows carrying these European stocks close to their all-time highs: technical analysis of a mature trade, open for 19 weeks, with a solid gain to protect.
IQS Phase
63
ordinary
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#31 / 70
EU-UK stocks in progress
Trade P&L %
+16.83%
from signal to date, no stop loss
Rank position
ranks 31st among the 70 Longs already running for European-UK stocks in our ranking, with a signal strength of 56 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV1
Sector regimein positive regime
Performanceweekly -2.04% · monthly +1.88%
ALV belongs to the european sector (reference ETF EXV1). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content