European household goods ETF · decline in week 7
EXH7 falls 1.8% to a fresh 90-day low as money flow slips back below zero
Our view last week
EXH7, the iShares European personal and household goods ETF, closed up 0.4%, and the bounce stalled below the cluster of daily moving averages in the 91 area. A week ago 91% of trading went to sellers: now buyers are up to 32%, and sellers still hold the majority. The technical analysis and price action trading picture show a pause in the decline, with the MACD still getting worse. The short is 4.6% in profit since the open.
This week's summary
EXH7, the iShares European personal and household goods ETF, fell 1.8% to a fresh 90-day low, confirmed at the close. Last week's bounce, already stalled under the daily averages, failed to reclaim the 20-day moving average in the 90 area. Technical analysis and price action trading both show the decline resuming: weekly money flow slips below zero after 5 weeks above it and the MACD keeps weakening. The short is now 6.4% in profit since the open.
IQS Phase
72
in tension
Signal Strength
32
decline starting to make lower lows
Sizing
REDUCED
Ranking
#44 / 89
EU-UK stocks
Trade P&L %
+6.37%
from signal to date, no stop loss
Consumer Goods Europe (EXH7) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 44th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 32 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
EXH7 belongs to the etf settoriale sector (reference ETF ).
restricted Platinum content