Allianz stock +2.8% this week, trade up 20% since entry
Allianz stock climbs 2.8% and nears its all-time highs
Our view last week
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.
This week's summary
Allianz closes the week up 2.8%, with buyers back in control of 97% of the volume and money flow positive for 11 weeks running. The stock is back within a step of its recent high, in the 453 area, and on the daily chart the 4-higher-low sequence — from the 433 to the 444 area — stays intact. The trade is 20 weeks old and up 20% since entry: weekly technical analysis of Allianz stock, among the steadiest names in European insurance.
IQS Phase
76
in tension
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#27 / 65
EU-UK stocks in progress
Trade P&L %
+20.06%
from signal to date, no stop loss
Rank position
ranks 27th among the 65 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 +0.51% · monthly +3.83%
ALV belongs to the european sector (reference ETF EXV1). The sector is classified in positive regime according to our weekly reading.
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