Allianz, trend gains conviction as ADX climbs
Allianz gains 1% as the trend picks up conviction with ADX climbing
Allianz, trend gains conviction as ADX climbs
Our view last week
This week Allianz once again stalls just under its highs, but beneath the surface the picture keeps strengthening: money flow accelerates for a fourth straight week and the ADX is rising, a sign the trend is gaining conviction. The price stays squeezed into a tight band between the 425 area (the recent highs) and the 422 area (the daily pivot), and last week's bounce off its own 20-day moving average is holding. The trade, open for 14 weeks, now runs at +12.09%.
This week's summary
Allianz closes the week up 1% and the technical picture keeps strengthening: money flow accelerates for the fourth week running and the ADX climbs to 18.1, a sign the trend is gaining conviction. This swing trading setup stays squeezed near its highs, between the 428.8 area and the 426.2 area, with the trade now in its 15th week and up 13.2% since entry.
IQS Phase
81
in tension / maturity
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#18 / 59
EU-UK stocks in progress
Trade P&L %
+13.20%
from signal to today
Rank position
ranks 18th 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 ETFEXV1
Sector regimein positive regime
Performanceweekly +2.20% · monthly +2.61%
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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