FinecoBank under tension at the highs: the model sees the trade still alive, but with caution

FinecoBank is at week 9 of a buy signal opened in the 20.77 area, up 5.58% from entry. The Quality Setup Index stands at 66 out of 100, in tension, while signal strength at 83 out of 100 reflects a wide move. 2 of the 3 statistical references of our most advanced model have already been hit at weeks 6 and 8; the third is expected at week 10. The confirmation week closed bullish, but our model rates the setup as technically weak.