Buy signal continues, week 5
Deutsche Telekom stock climbs 0.9%, testing its 7-day high resistance
Our view last week
After last week's 8.5% surge, Deutsche Telekom stock stalls: -1.3%, and price action warnings climb back to three after dropping to just one. The buy signal is in its 4th week, signal strength stuck at 44 out of 100, with price pinned against the 50-week moving average. The trade is still up 5.75% since entry.
This week's summary
Deutsche Telekom stock climbs 0.9% this week, snapping a one-week pullback: on the daily chart buyers stay in control, near 58% of volume, and the weekly MACD has been improving for 7 straight weeks. The buy signal is in week 5 and the trade is still up 6.75% since entry, but signal strength stays moderate — 44 out of 100 — and price is still working below the 7-day high resistance, in the 29.2 area.
IQS Phase
66
in tension
Signal Strength
44
medium · weak
Sizing
REDUCED
Ranking
#52 / 70
EU-UK stocks in progress
Trade P&L %
+6.75%
from signal to date, no stop loss
Rank position
ranks 52nd among the 70 Longs already running for European-UK stocks in our ranking, with a signal strength of 44 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV2
Sector regimein positive regime
Performanceweekly -1.33% · monthly +1.33%
DTE belongs to the european sector (reference ETF EXV2). The sector is classified in positive regime according to our weekly reading.
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