Sell signal — week 4
ENGIE S.A. — the decline stalls, but pressure persists
Sell signal — week 4
In Summary
ENGIE S.A. is in week 4 of a sell signal on Euronext. The 3 observation weeks closed sideways, and the decline has not confirmed. A double bottom is forming in the 26 area on the weekly chart, with a 5% intermediate rebound. The technical picture remains mixed: distribution pressure on one side, a rebound in buy volume in the latest week on the other.
Ongoing decline
·4th week from start
·EU-UK stocks
·T2
IQS Phase
63
ordinary
Signal Strength
8
indecisive week
Sizing
MINIMUM
Ranking
#25 / 54
EU-UK stocks
Trade P&L %
+0.19%
from signal to today
restricted Platinum content