European healthcare ETF · Sell signal, week 11
EXV4 drops 2.5% and slips below its 200-week average as the decline resumes
Our view last week
EXV4, the iShares European healthcare ETF, stalls after its bounce: the week closes at +0.1% and sellers are back at 59% of trading, after buyers held 65% a week earlier. Money flow slips further below zero, and price is squeezed between the daily VWMA in the 110.6 area and the 7-day low in the 109.6 area. EXV4 technical analysis reads a sell signal under management, with the short at +3.6%: a trading strategy to follow week by week.
This week's summary
After last week's stall, EXV4, the iShares European healthcare ETF, has broken lower: the week closes at -2.5% and price slips below its 200-week moving average, in the 108.8 area. Money flow weakens again, to its lowest reading in 4 weeks, and on the daily chart the run of higher lows has been broken. EXV4 technical analysis reads a sell signal still in place, with price action in distribution and the short at +6%: a swing trading setup to follow week by week.
IQS Phase
75
in tension
Signal Strength
51
decline starting to make lower lows
Sizing
STANDARD
Ranking
#22 / 89
EU-UK stocks
Trade P&L %
+6.05%
from signal to date, no stop loss
Health Care Europe (EXV4) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 22nd among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 51 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFEXV4
Sector regimeweak phase
Performanceweekly -2.52% · monthly -5.64%
EXV4 belongs to the etf settoriale sector (reference ETF EXV4). The sector is classified weak phase according to our weekly reading.
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