European Utilities ETF: signal under pressure
EXH9 drops 3.1% as sellers retake control near highs already tested repeatedly
European Utilities ETF: signal under pressure
Our view last week
After last week's drop, EXH9 tries to stabilize: up 0.4% this week, buyers back in charge of daily volume, but weekly volume stays in contraction. In this EXH9 technical analysis - the European Utilities sector ETF - signal strength stays weak, at 32 out of 100, and the confirmation week closed lower.
This week's summary
After last week's modest stabilization attempt, EXH9 - the European utilities ETF - drops 3.1%: sellers take back control in the final session, and buyer dominance in daily volume has already collapsed. The price is boxed between the first resistance, the daily Kumo ceiling in the 57.4 area, and the first support, the 20-week moving average in the 57.26 area. Signal strength falls to 29 out of 100: weak conviction for this open buy signal.
IQS Phase
36
ordinary
Signal Strength
29
low · fading
Sizing
MINIMUM
Ranking
#59 / 61
EU-UK stocks in progress
Trade P&L %
-3.97%
from signal to date, no stop loss
Rank position
ranks 59th among the 61 Longs already running for European-UK stocks in our ranking, with a signal strength of 29 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
EXH9 belongs to the etf settoriale sector (reference ETF ).
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