EXV3, sell signal under observation
EXV3 holds at +0.5% as the double bottom in the 92 area curbs the decline
EXV3, sell signal under observation
Our view last week
The rally on EXV3, the European technology sector ETF, had already cooled off last week: now comes the real change of sign. This week the price gave back 3.4%, with sellers dominating the last bar to an extreme despite a clean double bottom in the 93 area. That triggers a fresh sell signal, 5th of 53 in our European technical analysis, but the risk band urges caution: better to wait before opening a short.
This week's summary
This week EXV3 held steady with a modest +0.5%, after last week's sharp drop: the price carved out a clean double bottom in the 92 area, rebounding 4%, with buyers dominating the entire volume on the last session. In this EXV3 technical analysis, the sell signal is in its 2nd week and signal strength eases to 24 out of 100: a decline losing steam, with the ETF still more than 22% above its 200-week average.
IQS Phase
44
ordinary
Signal Strength
24
decline losing steam
Sizing
MINIMUM
Ranking
#22 / 56
EU-UK stocks sell signals
Trade P&L %
-0.54%
from signal to today
Rank position
ranks 22nd among the 56 sell signals for European-UK stocks in our ranking, with a signal strength of 24 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
EXV3 belongs to the etf settoriale sector (reference ETF ).
restricted Platinum content