Even Construtora keeps sliding, but the decline is losing steam
Even Construtora ends the week flat (+0.0%): the decline loses steam but stays below every moving average
Our view last week
Even Construtora's decline is not letting up: this week the RSI slides to a fresh low, below 26, while sellers remain firmly dominant across the trading. Compared with last week the picture keeps worsening: the ADX climbs, confirming the trend is gaining conviction. The sell signal, open for 24 weeks, is now more than 42% in the money — the technical picture of a decline that keeps carving out lower lows, without a pause.
This week's summary
Even Construtora closes the week unchanged, yet under the surface the picture is shifting: seller dominance is fading, with two mixed rejection bars and body conviction losing steam. The weekly ADX keeps climbing, though, a sign the broader downtrend is still gaining conviction, while the price stays below every structural moving average and below the weekly Ichimoku cloud.
IQS Phase
78
in tension
Signal Strength
31
decline losing steam
Sizing
REDUCED
Ranking
#16 / 25
Rest of the World stocks
Trade P&L %
+42.86%
from signal to date, no stop loss
Rank position
ranks 16th among the 25 sell signals for titoli resto del mondo in our ranking, with a signal strength of 31 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly -1.17% · monthly +2.55%
EVEN3 belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
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