Fresh signal on Dassault Systemes
Dassault Systemes jumps 11.2%: the sell signal fades into a fresh buy
Fresh signal on Dassault Systemes
Our view last week
Dassault Systemes' Sell signal has been under management for 5 weeks, and this week sellers came back in firm control: 81% of volume was on the sell side, and money flow turned negative again. Price stays boxed into a tight range, with resistance in the 18 area and support in the 17.7-17.2 area: after last week's rebound attempt, the decline has taken back the wheel. Earnings land this very week, on July 23.
This week's summary
Dassault Systemes closed the week up 11.2%, driven by a sharp bounce off the daily 20-day moving average: buyers controlled 83% of volume in the session. The sell signal that had governed the stock for five weeks has burned out, and a fresh buy signal now takes its place, ranking first among the five fresh Longs for European-UK stocks in our ranking. The picture stays young: only one structural moving average is aligned.
IQS Phase
37
ordinary
Signal Strength
62
medium
Sizing
STANDARD
Ranking
#1 / 5
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
Rank position
ranks 1st among the 5 fresh Longs for European-UK stocks in our ranking, with a signal strength of 62 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV3
Sector regimeweak phase
Performanceweekly +0.54% · monthly -3.94%
DSY belongs to the european sector (reference ETF EXV3). The sector is classified weak phase according to our weekly reading.
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