Azimut · Buy signal, week 8
Azimut drops 2.6% and slips below its entry price as the 20-week average holds
Our view last week
Azimut ended the week down 0.4% while its European sector bounced: a reversal of the script from seven days ago, when the stock climbed against a falling sector. In the weekly bar sellers dominated to an extreme. Azimut stock stays on its buy signal, with the trade 2% in profit and the price 3.7% below its all-time highs: the price action calls for attention.
This week's summary
Azimut lost 2.6%, a second straight weekly decline, and this time fell less than its European sector, down nearly 5%. Azimut stock stopped just above its 20-week moving average, approached but not touched, and the MACD histogram has been falling for 4 weeks: it stays among our live weekly buy signals, though the price action calls for caution. Price closed below the breakeven stop flagged in last week's card (38.1 area): for anyone following that level the trade is closed.
IQS Phase
42
ordinary
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#4 / 29
EU-UK stocks in progress
Trade P&L %
-0.58%
from signal to date, no stop loss
Azimut (AZM) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 4th among the 29 Longs already running for European-UK stocks in our ranking, with a signal strength of 56 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV1
Sector regimeweak phase
Performanceweekly -4.91% · monthly -4.92%
AZM belongs to the italian sector (reference ETF EXV1). The sector is classified weak phase according to our weekly reading.
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