Sell signal · Week 28 · Euronext
EssilorLuxottica at week 28: the rebound stalls, resistances hold
Sell signal · Week 28 · Euronext
In Summary
EssilorLuxottica is at week 28 of a sell signal, with over 40% performance since the short position was opened. The last 2 weeks brought a technical rebound off the double bottom in the 165 area, but the latest week closed down 2.8%: a wall of resistances in the 173-174 area has blocked the recovery, and CMF in distribution mode still points to outflows.
IQS Phase
55
ordinary
Signal Strength
61
moderate weekly drop
Sizing
STANDARD
Ranking
#46 / 57
EU-UK stocks
Trade P&L %
+40.22%
from signal to today
restricted Platinum content