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Eni: buy signal at week 3, but confirmation turned negative

Eni is at week 3 of a buy signal, but the confirmation week closed bearish. Signal strength at 33 out of 100, ranked 49th among 55 EU-UK Longs. Discipline suggests caution.

In Summary
Eni is at week 3 of a buy signal built on a double bottom in the 21/22 area. Signal strength has dropped to 33 out of 100 and the confirmation week closed bearish: the model's discipline suggests considering an exit. The active stop is dynamic, tight to entry.
Open BUY ·3rd week from start ·EU-UK stocks ·T1 Featured
IQS Phase
50
ordinary
Signal Strength
33
medium · weak
Sizing
REDUCED
Ranking
#49 / 55
EU-UK stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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