Amplifon: 10.2% weekly surge on strong buying volume
Amplifon stock: +10.2% this week as buyers take back control
Amplifon: 10.2% weekly surge on strong buying volume
Our view last week
Amplifon has just defended its double bottom in the 9.6 area, with the 8% intermediate rebound still intact, and the week closes up 2.7%. In this week's Amplifon technical analysis the buy signal is in its 11th week, with strength down to 64 out of 100 and the first signs of fatigue in volume. Earnings land this very week: a potential jolt worth watching.
This week's summary
Amplifon surges 10.2% this week as buyers take back control - 70% of volume on the buy side - with the daily chart extending its run of higher lows toward the 11 area. In this week's Amplifon technical analysis the picture stays bullish, RSI at 56.5 and money flow back in positive territory. The buy signal is in its 12th week, with the trade up 11% since entry.
IQS Phase
42
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#8 / 61
EU-UK stocks in progress
Trade P&L %
+10.96%
from signal to date, no stop loss
Rank position
ranks 8th among the 61 Longs already running for European-UK stocks in our ranking, with a signal strength of 66 out of 100.
Sector context
SectorItalian
Benchmark ETFXLV
Sector regimein positive regime
Performanceweekly -0.01% · monthly +1.89%
AMP belongs to the italian sector (reference ETF XLV). The sector is classified in positive regime according to our weekly reading.
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