E.ON at week 4: decline stalling, double bottom forming
E.ON SE — Decline unconfirmed: 4 weeks sideways and a rebound off the double bottom
E.ON at week 4: decline stalling, double bottom forming
In Summary
E.ON SE is at week 4 of a sell signal that has not confirmed yet: the market responded with 3 sideways weeks and, in the latest one, a 6% rebound off the double bottom in the 18 area. The quality band flags elevated risk for new entries. The stock ranks 21st among the 54 sell signals for European-UK stocks in our ranking.
IQS Phase
66
in tension
Signal Strength
2
indecisive week
Sizing
MINIMUM
Ranking
#21 / 54
EU-UK stocks
Trade P&L %
-2.01%
from signal to today
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