Hera, bearish confirmation in earnings week
Hera stock drops 3.4%: the buy signal's confirmation week closes bearish
Hera, bearish confirmation in earnings week
Our view last week
Hera stock stays boxed into a very tight corridor, between resistance in the 3.93 area and support in the 3.91 zone, after a week that closed down 0.1%. It's the confirmation week for the fresh buy signal, and the verdict is lukewarm: candle body conviction is fading, the last bar came in weak. This week's technical analysis flags earnings landing already this week, an event that could break the balance.
This week's summary
Hera stock drops 3.4% right in earnings week, with candle body conviction fading and sellers slightly prevalent in the last bar. Our technical analysis flags that the buy signal's confirmation week closes bearish: the weekly picture stays fragile, with the MACD in negative territory and the ADX declining. Daily money flow has already slipped below zero too. The trade, in its second week, now sits at a 3.46% loss from entry.
IQS Phase
36
ordinary
Signal Strength
37
medium · weak
Sizing
REDUCED
Ranking
#52 / 61
EU-UK stocks in progress
Trade P&L %
-3.46%
from signal to date, no stop loss
Rank position
ranks 52nd among the 61 Longs already running for European-UK stocks in our ranking, with a signal strength of 37 out of 100.
Sector context
SectorItalian
Benchmark ETFEXH9
Sector regimeweak phase
Performanceweekly -3.06% · monthly -0.68%
HER belongs to the italian sector (reference ETF EXH9). The sector is classified weak phase according to our weekly reading.
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