Avio: the decline gains strength in its fourth week
Avio drops 5.1% as the Sell signal's lower lows gain strength
Avio: the decline gains strength in its fourth week
Our view last week
Avio stock is back under pressure: the week closed down 5.5%, with almost all volume on the sell side, wiping out most of the prior week's bounce. Avio's technical analysis shows price boxed between a nearby resistance and an equally close support, with volatility still elevated. The sell signal is in its third week and remains without fresh push: signal strength drops to 12 out of 100.
This week's summary
Avio shares shed another 5.1% this week, with sellers firmly in control and money flow back in negative territory. Avio's technical analysis shows the Sell signal now in its fourth week, with signal strength climbing to 36 out of 100 — a decline making lower lows, healthy in its own way. The stock slips to 17th among the 53 European-UK sell signals, while still trading well above its 200-week average: for our model it stays a trading-not-recommended case.
IQS Phase
76
in tension
Signal Strength
36
decline starting to make lower lows
Sizing
REDUCED
Ranking
#17 / 53
EU-UK stocks sell signals
Trade P&L %
-1.67%
from signal to today
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