Azimut, the decline loses steam
Azimut stock: 5.1% bounce pushes the Sell signal toward the exit
Azimut, the decline loses steam
Our view last week
The buy signal on Azimut, already losing steam last week, flips into a fresh sell signal this week: the stock slips 2.5%, yet on the daily chart buyers still dominate — 96% of volume — and price has just carved a double bottom in the 35 area with a 7% rebound. A mixed picture, with the stock boxed between two tightly packed levels.
This week's summary
The bounce off the daily EMA20 carries Azimut stock back into the 36 area, up 5.1% over the past week: a sign that the Sell signal, now in its second week, is running out of push. Strength drops to 4 out of 100 and the price is now hugging the Inversion Point. Setup quality stays ordinary, 41 out of 100, and in this technical analysis of the ranking Azimut slips to 36th among the 47 European-UK sell signals.
Sell signal in observation
·2nd week from start
·EU-UK stocks
·T2
·📅 Earnings · Jul 30
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IQS Phase
41
ordinary
Signal Strength
4
decline fading out
Sizing
MINIMUM
Ranking
#36 / 47
EU-UK stocks sell signals
Trade P&L %
-5.07%
from signal to date, no stop loss
Rank position
ranks 36th among the 47 sell signals for European-UK stocks in our ranking, with a signal strength of 4 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV1
Sector regimein positive regime
Performanceweekly +2.05% · monthly +3.45%
AZM belongs to the italian sector (reference ETF EXV1). The sector is classified in positive regime according to our weekly reading.
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