Thales, sell signal under management
Thales drops 6.3% as June's rebound fades away in just a single week
Thales, sell signal under management
Our view last week
Thales closes week 10 of a sell signal up 10.0%, buying volume climbing to 82%. The technical picture shifts gear on several fronts: money flow turns positive, the MACD histogram narrows, and momentum recovers ground compared with late June. What matters from here is whether the rebound takes hold or stays a one-off.
This week's summary
June's bounce lasted just one week: money flow, briefly positive, has turned negative again, sellers are back to 91% of volume, and Thales stock has dropped 6.3%. This week's technical analysis shows the MACD deteriorating again, with price boxed between the 223.5 and 220.8 areas. The short stays in profit, at 4.5%, with earnings on July 23, two weeks out, adding weight to the picture.
IQS Phase
62
ordinary
Signal Strength
58
decline starting to make lower lows
Sizing
STANDARD
Ranking
#5 / 54
EU-UK stocks
Trade P&L %
+4.53%
from signal to today
restricted Platinum content