Europe Basic Resources ETF · sell signal, week 2
iShares STOXX Europe 600 Basic Resources: the decline loses steam
Europe Basic Resources ETF · sell signal, week 2
In Summary
The European basic resources ETF is in week 2 of a sell signal. The week just closed recovered 1.5%, and signal strength drops to 26 out of 100: a decline losing steam, not an acceleration. The setup quality indicator sits at 51 out of 100, ordinary range, and the ETF ranks 45th among the 54 European sell signals.
IQS Phase
51
ordinary
Signal Strength
26
decline losing steam
Sizing
MINIMUM
Ranking
#45 / 54
EU-UK stocks sell signals
Trade P&L %
-1.50%
from signal to today
restricted Platinum content