Generali: a technical pause after weeks of upward push
Generali slips 1.9% on an 83% sell-side week, but the ADX says the trend still holds
Generali: a technical pause after weeks of upward push
Our view last week
Generali is in week 12 of an open buy, up 19.47% since entry. The model's coverage is complete: all 3 targets have been hit, and the stop now tracks the Inversion Point, in the 40.7 area. The setup quality indicator stands at 81 out of 100, signal strength at 56 out of 100. The stock ranks 27th among the 62 buys already running for European-UK stocks.
This week's summary
Generali closed the week down 1.9%, with 83% of trading volume on the sell side: a sharp turnaround from the 98% buy-side week before. The weekly RSI has cooled from the 76 area to 70, while the ADX is rising, confirming the trend is still gaining conviction. Price is working between the daily pivot average, in the 42.15 area, and the 20-day moving average, in the 42 area — a technical analysis case worth watching, with the trade comfortably in profit.
IQS Phase
50
ordinary
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#25 / 60
EU-UK stocks in progress
Trade P&L %
+17.16%
from signal to today
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