EcoRodovias: Sell signal in management, week 15
EcoRodovias rebounds 13.2%, but the decline stays in control
Our view last week
EcoRodovias' stock sheds another 10.9% this week, its worst in a month: sellers are back in firm control with 92% of volume, nearly double last week's share, and the price has slid below the 5.93 area. Compared with seven days ago, when the drop was already 4.3%, the pace is picking up, not slowing down. The Sell signal, open for 13 weeks, still shows no sign of fatigue: our weekly technical analysis of EcoRodovias sees no floor yet.
This week's summary
EcoRodovias stock rebounds 13.2% this week, reversing in one move last week's 10.9% crash: buyers are back in control of volume (91%) after three straight weeks of seller dominance, and the weekly RSI climbs off its lows. The Sell signal is under management in its 15th week: the decline still holds direction, but the first signs of fatigue are piling up. Our weekly technical analysis follows the evolution step by step.
IQS Phase
62
ordinary
Signal Strength
38
decline fading out
Sizing
REDUCED
Ranking
#13 / 25
Rest of the World stocks
Trade P&L %
+11.74%
from signal to date, no stop loss
Rank position
ranks 13th among the 25 sell signals for titoli resto del mondo in our ranking, with a signal strength of 38 out of 100.
Sector context
SectorIndustrial
Benchmark ETFXLI
Sector regimeweak phase
Performanceweekly -3.36% · monthly +0.78%
ECOR3 belongs to the industrial sector (reference ETF XLI). The sector is classified weak phase according to our weekly reading.
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