EXV1's rebound keeps running
EXV1 climbs 2.1% and closes in on record highs as Europe's bank rally holds steady
EXV1's rebound keeps running
Our view last week
EXV1, the ETF tracking Europe's banking sector, bounces 2.2% after last week's pullback and confirms the double bottom in the 39 area, with buyers back in the driver's seat at 75% of trading volume. Weekly RSI climbs back above 65 and money flow strengthens. This EXV1 technical analysis reads it as the trend regaining ground, with the trade under management now up 13.99% since entry.
This week's summary
EXV1, the European banking sector ETF, closes another week up 2.1% and is now within a whisker of its record highs, just 0.96% away. Money flow keeps accelerating and the weekly RSI climbs to 68, the same push from last week still running without a pause. The trade under management, open for 16 weeks, is now up 16.33%.
IQS Phase
68
in tension
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#25 / 61
EU-UK stocks in progress
Trade P&L %
+16.33%
from signal to date, no stop loss
Rank position
ranks 25th among the 61 Longs already running for European-UK stocks in our ranking, with a signal strength of 56 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
EXV1 belongs to the etf settoriale sector (reference ETF ).
restricted Platinum content