Sell signal, week 2 · EU-UK stocks
Deutsche Telekom slips 1.6%, but the 200-week average holds at the close
Our view last week
On Monday the band of moving averages in the 28 area turned the price back firmly, and Deutsche Telekom stock closes the week at -0.4%: a fresh sell signal kicks in. After last week's -5.2%, though, the decline finds no push. The weekly bar is indecisive, and on the daily chart a bullish candle has engulfed the one before it. A technical analysis of a decline that starts with signal strength at 2 out of 100 and price action still mixed.
This week's summary
A third straight weekly decline for Deutsche Telekom, down 1.6% with a new 30-day low that the close failed to confirm: the week fell below the 200-week average and finished above it, in the upper half of its range. Deutsche Telekom stock stays in a sell signal that has found some stride since last week, with weekly RSI and the MACD histogram falling for 3 weeks. Technical analysis and price action of a short trade setup still awaiting confirmation.
IQS Phase
59
ordinary
Signal Strength
25
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#51 / 89
EU-UK stocks sell signals
Trade P&L %
+1.63%
from signal to date, no stop loss
Deutsche Telekom (DTE) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 51st among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 25 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV2
Sector regimeweak phase
Performanceweekly -0.85% · monthly -2.51%
DTE belongs to the european sector (reference ETF EXV2). The sector is classified weak phase according to our weekly reading.
restricted Platinum content