Amplifon: a hammer curbs the weekly drop
Amplifon stock falls 5.7% as a daily hammer signals rejection
Our view last week
Amplifon is picking up speed again: after last week's pullback, buyers retake control — 89% of this week's volume goes to the buy side — and the stock jumps 5.4%, back near the 12.69 area, the ceiling of the past sessions. Money flow strengthens into clearly positive territory, a sign the push hasn't run out. In this week's Amplifon technical analysis the trade is up 15.11% since entry, in its 14th week of management.
This week's summary
Amplifon closed the week down 5.7%, after last week's 5.4% surge that had carried it to within a step of the 12.69 area. Sellers retake control of volume, at 71%, but the daily candle tells a different story: a hammer with a wick three times the body, the classic mark of downside rejection. The stock is now pressing against its own 20-day moving average, in the 11.92 area, with the trade still in profit, above 8%.
IQS Phase
42
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#14 / 70
EU-UK stocks in progress
Trade P&L %
+8.54%
from signal to date, no stop loss
Rank position
ranks 14th among the 70 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 strong phase
Performanceweekly +4.33% · monthly +9.53%
AMP belongs to the italian sector (reference ETF XLV). The sector is classified in strong phase according to our weekly reading.
restricted Platinum content