Sell signal, week 6: a bounce capped by the averages
Brunello Cucinelli edges up 0.5% as money flow drops to a 4-week low
Our view last week
Brunello Cucinelli's rebound has stalled where it stalled a week ago: under the 20-day moving average, in the 80.9 area, which pushed price back once more. After 2 weeks of gains the stock slips 0.8%. Technical analysis of Brunello Cucinelli stock stays weak on the weekly chart: money flow negative for 16 weeks and weakening again, MACD histogram falling for 7. Price action says the Sell signal is still standing, with little direction behind it.
This week's summary
Brunello Cucinelli's money flow dropped to its lowest reading in 4 weeks just as the stock added 0.5%. As it did a week ago, the rebound stalled under the 20-day moving average, in the 80.7 area. Weekly technical analysis of Brunello Cucinelli stock stays weak, even though the MACD histogram is rising after 7 weeks of declines and daily price action shows higher lows since mid-September. The Sell signal is still standing: a trade setup with little direction behind it.
IQS Phase
68
in tension
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#77 / 93
EU-UK stocks
Trade P&L %
+0.59%
from signal to date, no stop loss
Brunello Cucinelli (BC) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 77th among the 93 sell signals for European-UK stocks in our ranking, with a signal strength of 2 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