Deutsche Telekom: a buy signal returns
Deutsche Telekom rises 3.8% and triggers a fresh buy signal after the decline
Deutsche Telekom: a buy signal returns
Our view last week
Deutsche Telekom shares rise 3.9% in a week dominated by buyers (89% of volume), but daily money flow stays negative and the price is boxed into a very tight range, between the 26.3 and 26.0 areas. The Sell signal has been under management for 15 weeks, with the short above 15% in profit: for now the picture reads as a pause inside the decline.
This week's summary
Deutsche Telekom's shares climb 3.8% and close the week on three higher lows, pressing against the 7-day high in the 27.5 area: that's exactly where the trigger fires a new buy signal. Just a week ago the stock was still stuck inside a decline, with a sell signal under management for a while; now the picture flips, though with only moderate strength and contracting volumes worth watching.
IQS Phase
38
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#3 / 6
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
restricted Platinum content