Buy signal in management, week 16
Brunello Cucinelli stock rebounds 7.8% off the EMA20 after earnings
Buy signal in management, week 16
Our view last week
Brunello Cucinelli shares fall back under pressure: after last week's rebound, sellers retake control with 60% of volume and the stock sheds 0.9%. Money flow stays negative and the distribution phase flagged in recent weeks still hasn't closed. The trade is in its 15th week of management, off a slight -2.7% from entry: our weekly technical analysis shows price still boxed between the 81.5 and 82 areas.
This week's summary
After last week's pressure, Brunello Cucinelli stock changes gear: our weekly technical analysis shows a 7.8% rebound, with 77% of volume on the buy side, right off the daily EMA20 in the 83 area. Earnings, out just days ago, pass without shaking anything loose. Money flow stays negative but is easing sharply, and momentum turns positive after three weeks in the red: the trade, in its 16th week of management, climbs to a 4.9% gain.
IQS Phase
65
in tension
Signal Strength
83
high · wide move
Sizing
FULL
Ranking
#2 / 61
EU-UK stocks in progress
Trade P&L %
+4.87%
from signal to date, no stop loss
Rank position
ranks 2nd among the 61 Longs already running for European-UK stocks in our ranking, with a signal strength of 83 out of 100.
Sector context
SectorItalian
Benchmark ETFEXH7
Sector regime
Performanceweekly coming soon · monthly coming soon
BC belongs to the italian sector (reference ETF EXH7).
restricted Platinum content