A fresh buy signal on the London Stock Exchange
International Petroleum stock jumps 8.1%, but the buy signal still awaits its breakout
Our view last week
International Petroleum closes the week up 6.3%, with buyers clearly back in charge: 79% of volume is on the buy side, up from 52% the previous week. The 8-week decline shows signs of fatigue: ADX keeps falling, now at 18.9, and money flow, while still negative, is pulling away from recent lows. Price action, though, stays cautious: contracting volumes, mixed rejection candles and a phase still read as indecisive point to an unconfirmed rebound.
This week's summary
International Petroleum stock jumps 8.1% this week, with buyers back in the driver's seat — yet the weekly structure stays neutral: contracting volume and mixed rejection candles say this rally still needs to prove itself. It's the stock's first buy signal in our ranking: second among the three fresh European-UK Longs, with signal strength sitting at medium levels. The stock is already working close to its own all-time highs, with little room before the next long-term hurdle.
IQS Phase
52
ordinary
Signal Strength
62
medium
Sizing
STANDARD
Ranking
#2 / 3
New eu-uk stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Rank position
ranks 2nd among the 3 fresh Longs for European-UK stocks in our ranking, with a signal strength of 62 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXH1
Sector regimein positive regime
Performanceweekly +1.43% · monthly +3.56%
0V1L belongs to the european sector (reference ETF EXH1). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content