Generali, trade management in week 14
Generali gains 0.4% as buyers retake control in week 14 of the trade
Generali, trade management in week 14
Our view last week
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.
This week's summary
Generali closed the week with a 3% bounce off its daily 20-day moving average, and buyers took back control: 88% of volume on the buy side versus 83% on the sell side the week before. The weekly RSI has settled at 70, the ADX keeps climbing confirming the trend still holds, and price stays boxed between the daily VWMA, in the 42.3 area, and the daily pivot average, in the 42.06 area. The trade has been open for 14 weeks and sits 17.66% in profit.
IQS Phase
64
ordinary
Signal Strength
56
medium
Sizing
STANDARD
Ranking
#26 / 61
EU-UK stocks in progress
Trade P&L %
+17.66%
from signal to today
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