Capgemini, buy signal holds into its third week
Capgemini stock rises 2.6% as the buy signal holds into its third week
Our view last week
Capgemini gives back 0.9% in the confirmation week of its fresh buy signal, but the technical picture holds: price stays boxed in a tight band between the lower daily pivot point, in the 105.5 area, and the upper one, in the 108.6 area, with the weekly MACD above its Signal line. Capgemini stock ranks 4th among the 70 open buys in European-UK stocks, with a signal strength of 83 out of 100 - wide but volatile.
This week's summary
Capgemini stock climbs 2.6% this week and closes with a bullish engulfing candle on the daily chart, right up against its 7-day high. The buy signal, which fired three weeks ago, is holding: signal strength stays high, at 83 out of 100, though the European tech sector lost ground this week. Capgemini technical analysis: 4th place among 70 open European-UK stock buys, a wide but volatile profile.
IQS Phase
51
ordinary
Signal Strength
83
high · wide & volatile
Sizing
FULL
Ranking
#4 / 70
EU-UK stocks in progress
Trade P&L %
+8.44%
from signal to date, no stop loss
Rank position
ranks 4th among the 70 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 regimeweak phase
Performanceweekly -1.88% · monthly +3.58%
CAP belongs to the european sector (reference ETF EXV3). The sector is classified weak phase according to our weekly reading.
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