Europe Utilities ETF

Double bottom in the 55 area: the decline loses momentum but holds course

Week 6 of the sell signal on the European Utilities ETF — a double bottom in the 55 area with a 6% rebound, yet MACD still negative and RSI in slow recovery. Trading not recommended: the picture calls for patience and close monitoring.

26 June 2026 · 45 min read min read

Europe Utilities ETF · Week 6 of a sell signal

In Summary

At week 6 of the sell signal on the iShares STOXX Europe 600 Utilities ETF, the technical picture is mixed: a double bottom in the 55 area with a 6% rebound points to a possible exhaustion of the downward leg, but MACD remains negative and RSI at 58.6 is recovering slowly. Trading is not recommended per our model. The sell signal has not been confirmed by the market.

Ongoing decline ·6th week from start ·EU-UK stocks ·T2 ★ See Gold version →

IQS Phase

ordinary

Signal Strength

indecisive week

Sizing

MINIMUM

Ranking

#55 / 57

EU-UK stocks

Trade P&L %

-6.10%

from signal to today

Chart · Weekly — EMA50 · MACD · VWAP

Weekly chart · EMA50 · MACD · VWAP · Source: TradingView

How to read this pageA visual guide to the post, card by card→

The full analysis, operating plan and detailed levels on this asset are reserved for clients ★ PLATINUM

restricted Platinum content