Ongoing decline · week 21
Buzzi slips 2.6% as the 200-week average turns the bounce away
Our view last week
Buzzi has broken its run of lower highs on the daily chart: after 4 straight down weeks the stock gained 1.8%, and one close cleared the last high, in the 38 area. The bounce stalled at the 200-week moving average, lost in September, and money flow is still negative, though improving. For Buzzi stock the technical analysis stays bearish, and the price action says only that the slide has slowed; the short in this swing trading setup is up 13%.
This week's summary
Buzzi's bounce stalled right where it had something to prove: the 200-week moving average, in the 38 area, turned it away and the week closed down 2.6%. One thing has changed from 7 days ago: weekly money flow has climbed back to the zero line after 16 weeks below it, while on the daily chart it is still weak. For Buzzi stock the technical analysis stays bearish and the price action points back toward the lows; the short in this swing trading setup is up more than 15%.
IQS Phase
62
ordinary
Signal Strength
30
decline starting to make lower lows
Sizing
REDUCED
Ranking
#40 / 93
EU-UK stocks
Trade P&L %
+15.73%
from signal to date, no stop loss
Buzzi (BZU) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 40th among the 93 sell signals for European-UK stocks in our ranking, with a signal strength of 30 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV6
Sector regimeweak phase
Performanceweekly +1.80% · monthly -5.65%
BZU belongs to the italian sector (reference ETF EXV6). The sector is classified weak phase according to our weekly reading.
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