Even Construtora: sell signal 23 weeks in, still falling
Even Construtora stock slides 5.6% as the sell signal keeps gaining strength
Even Construtora: sell signal 23 weeks in, still falling
Our view last week
Even Construtora slips another 1.4% and money flow flips sign: after last week's positive reading, the CMF turns negative again, while the ADX keeps climbing to 34.7 and the downtrend gains conviction. Buyers stay marginal, under a fifth of daily volume, and the stock touches its 7-day low in the 4.74 area. The Sell signal now sits more than 35% in the money since inception, measured by letting the trade run without a stop loss.
This week's summary
Even Construtora's sell signal has been under management for 23 weeks, still more than 39% in the money. This week's technical analysis shows another drop, 5.6%: money flow stays negative, the ADX climbs to 36.1, and the decline keeps gaining conviction. The weekly RSI slides to a fresh 4-week low, while the price stays boxed between the 4.47 and 4.57 areas, with earnings due this week.
Ongoing decline
·23rd week from start
·Rest of the World stocks
·T2
·📅 Earnings · Aug 13
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IQS Phase
86
in tension / maturity
Signal Strength
60
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#3 / 17
Rest of the World stocks
Trade P&L %
+39.12%
from signal to date, no stop loss
Rank position
ranks 3rd among the 17 sell signals for titoli resto del mondo in our ranking, with a signal strength of 60 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein strong phase
Performanceweekly +1.16% · monthly +4.78%
EVEN3 belongs to the financials sector (reference ETF XLF). The sector is classified in strong phase according to our weekly reading.
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