EU Auto ETF · sell signal, week 2
iShares Auto & Parts sell signal loses steam in week 2
EU Auto ETF · sell signal, week 2
In Summary
The iShares STOXX Europe 600 Automobiles & Parts ETF is in week 2 of a sell signal, and this week it rebounded 3.5%. Signal strength drops to 21 out of 100: the decline is losing steam, not accelerating. The picture still sits in a trading range our model flags as not recommended, with the setup quality indicator at 82 out of 100 and the fund ranking 4th among the 54 European sell signals.
IQS Phase
82
in tension / maturity
Signal Strength
21
decline losing steam
Sizing
MINIMUM
Ranking
#4 / 54
EU-UK stocks sell signals
Trade P&L %
-3.54%
from signal to today
restricted Platinum content