Hera: fresh Buy signal, week 1
Hera fires a fresh Buy signal: +3.5% on a rebound off a double bottom
Hera: fresh Buy signal, week 1
Our view last week
Hera stock stays pinned near the level that would close out its sell signal: the week closed almost flat, -0.2%, with sellers edging back ahead on volume. Money flow remains positive and price keeps trading above its own 200-week average: this week's technical analysis shows a decline that has run out of steam, boxed into a very tight corridor.
This week's summary
Hera stock has closed the old sell signal, which had run out of steam, and this week opens a fresh Buy signal: first week, cautious entry. The stock bounced 3% off a clean double bottom in the 3.6 area, with money flow back on solid ground and buyers above 52% of volume. Price stays boxed into a tight corridor between the daily Bollinger Band and the 20-week average: this week's technical analysis calls for caution, with earnings two weeks away.
IQS Phase
40
ordinary
Signal Strength
44
medium · weak
Sizing
REDUCED
Ranking
#6 / 6
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
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