Experian: fresh buy signal eyes the 2796 area
Experian gains 0.9% and opens a fresh buy signal eyeing the 2796 area
Experian: fresh buy signal eyes the 2796 area
Our view last week
Experian technical analysis: after last week's extreme selling, buyers retake control this week with 81% of volume and the stock gains 3.9%. The picture stays mixed though: the MACD keeps improving and momentum snaps back sharply, while the ADX falls for a third straight week and the trend loses conviction. Price stays boxed between the 2716 and 2749 areas, in an increasingly tight range.
This week's summary
After last week's rally on 81% buy volume, this week Experian shares hold their recent ground and trigger a fresh buy signal: technical analysis shows price a step away from the breakout level in the 2796 area, with buyers still in charge on the daily chart, 82% of volume. The weekly picture stays in transition: the MACD keeps improving, but the ADX has fallen for a third straight week and the trend is losing conviction.
IQS Phase
59
ordinary
Signal Strength
52
medium
Sizing
STANDARD
Ranking
#2 / 5
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
Rank position
ranks 2nd among the 5 fresh Longs for European-UK stocks in our ranking, with a signal strength of 52 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV3
Sector regimeweak phase
Performanceweekly +0.54% · monthly -3.94%
EXPN belongs to the european sector (reference ETF EXV3). The sector is classified weak phase according to our weekly reading.
restricted Platinum content