New Buy signal · week 1
Cosan gains 7.9% and reclaims its 20-week average as a new Buy signal fires
Our view last week
Cosan stock closed the week up 4.7%, bouncing off its 20-day moving average in the 3.74 area and climbing back to the edge of the Inversion Point. It is the first up week after two declines, and buyers lead for a 2nd straight week with 61% of trading, on shrinking volume. The technical analysis and price action trading read is of a decline losing its push: money flow rises close to zero, while the short is down 15.4%.
This week's summary
Cosan closed the week up 7.9%, reclaiming its 20-week moving average and setting a new 30-day high confirmed at the close. A week ago the decline was losing its push; now a new Buy signal has fired. For Cosan stock, the technical analysis points to a turn that is still young: money flow is back in positive territory after 3 weeks below zero, yet price sits under its 50-week average. One of the week's new buy signals, a trade setup to approach with care given the elevated volatility.
IQS Phase
48
ordinary
Signal Strength
72
high · wide & volatile
Sizing
FULL
Ranking
#1 / 1
New rest of the world stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Cosan (CSAN3) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks first in our fresh Longs ranking for titoli resto del mondo, with a signal strength of 72 out of 100.
Sector context
SectorUtilities
Benchmark ETFXLU
Sector regimeweak phase
Performanceweekly +0.81% · monthly -6.66%
CSAN3 belongs to the utilities sector (reference ETF XLU). The sector is classified weak phase according to our weekly reading.
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