Open buy · week 10 · European-UK stocks
Capgemini gains 5.6% and reclaims its 50-week moving average
Our view last week
Capgemini is moving again: after last week's standstill the stock gained 4.2% and printed a new 30-week high in the 116 area, though the weekly close did not confirm it. Price action stays capped by the 200-day moving average, in the 109 area. Technical analysis of Capgemini stock is improving: the MACD histogram is rising again after 4 weeks of decline. Among weekly buy signals on European-UK stocks it holds 2nd place of 29, with the trade at +6.24%.
This week's summary
Capgemini strings together a 4th straight weekly gain, up 5.6%, lifting price back above both the 200-day and the 50-week moving averages, two levels that were still overhead a week ago. The 30-week high, in the 116 area, gets nudged higher but the weekly close fails to confirm it, just like last week. Technical analysis of Capgemini stock stays constructive: among weekly buy signals on European stocks it ranks 2nd of 25, with the trade at +12.24%.
IQS Phase
42
ordinary
Signal Strength
83
high · wide move
Sizing
FULL
Ranking
#2 / 25
EU-UK stocks in progress
Trade P&L %
+12.24%
from signal to date, no stop loss
Capgemini (CAP) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 2nd among the 25 Longs already running for European-UK stocks in our ranking, with a signal strength of 83 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV3
Sector regimein positive regime
Performanceweekly -1.13% · monthly +5.44%
CAP belongs to the european sector (reference ETF EXV3). The sector is classified in positive regime according to our weekly reading.
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