EXV1, European banking ETF edges toward overbought
EXV1 (+1.9%) nears overbought as the European banking ETF sits near record highs
EXV1, European banking ETF edges toward overbought
Our view last week
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%.
This week's summary
EXV1, the European banking sector ETF, closes the week up 1.9% and sits within a whisker of its record highs, just 0.92% away. The weekly RSI climbs to 70.1, brushing overbought territory, but after two weeks of very strong volume the pace of buying is cooling off. The trade under management, open for 17 weeks, is now up 18.56% since entry.
IQS Phase
71
in tension
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#35 / 73
EU-UK stocks in progress
Trade P&L %
+18.56%
from signal to date, no stop loss
Rank position
ranks 35th among the 73 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