Sellers take the volume, gain still protected
FinecoBank slows (+0.2%): sellers take charge near the highs
Sellers take the volume, gain still protected
Our view last week
FinecoBank shares add another 1%, slowing the pace after last week's 4.1% gain: buyers still control the tape, 82% of weekly volume, while money flow keeps improving. It's technical-analysis confirmation of what surfaced seven days ago: volume contracting and candle-body conviction fading, early signs of a rally that's cooling while still holding together, with price boxed in near its recent highs.
This week's summary
FinecoBank's rally keeps losing pace: after the 4.1% gain two weeks ago and last week's further 1%, the stock closes this week almost flat, up just 0.2%, and for the first time in a month sellers take control of weekly volume, 66% versus 34% for buyers. The price is still hugging its recent highs, rejected twice in the 23.5 area: the uptrend holds, but the push is thinning.
IQS Phase
54
ordinary
Signal Strength
83
high · wide move
Sizing
FULL
Ranking
#4 / 61
EU-UK stocks in progress
Trade P&L %
+10.26%
from signal to today
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