Campari: sellers take back control
Campari drops 2.1% as sellers retake control ahead of earnings
Campari: sellers take back control
Our view last week
Campari's rebound continues: after the double bottom in the 5.3 area, the stock is up 1.9% this week, with the weekly RSI climbing further to 46.8 and money flow nearly back to breakeven. Price, though, stays boxed into a tight range between support and resistance, and the sell signal keeps losing steam without reversing yet. Earnings on July 29 are now close.
This week's summary
Campari shares slip back: after three weeks of rebound, the stock drops 2.1% this week as sellers retake control, with 66% of the volume on the sell side. Campari's Sell signal is in its 12th week of management, short just above breakeven. Underneath, the picture stays mixed: money flow is nearly back to breakeven and momentum turns positive again, while price stays boxed between support and resistance. Earnings on July 29, now this week, could be the trigger.
IQS Phase
59
ordinary
Signal Strength
26
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#20 / 56
EU-UK stocks
Trade P&L %
+0.89%
from signal to today
Rank position
ranks 20th among the 56 sell signals for European-UK stocks in our ranking, with a signal strength of 26 out of 100.
Sector context
SectorItalian
Benchmark ETFXLP
Sector regimeweak phase
Performanceweekly -1.24% · monthly -0.37%
CPR belongs to the italian sector (reference ETF XLP). The sector is classified weak phase according to our weekly reading.
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