Intesa Sanpaolo stock stalls near record highs
Intesa Sanpaolo stock slips 2.1% but the uptrend holds near record highs
Our view last week
Intesa Sanpaolo closes out another strong week: the stock gains 1.4%, with buyers climbing to 93% of volume and the weekly RSI pushing to 71.6, while a rising ADX at 25.2 confirms the trend's conviction. On the daily chart the sequence of higher lows continues toward the 6.8 area, within a whisker of its all-time highs. Intesa Sanpaolo stock has been under management for 18 weeks, with the trade running past 22% in profit.
This week's summary
Intesa Sanpaolo stock closes the week down 2.1%, snapping a seven-week winning streak: the daily chart shows a clean bearish engulfing bar swallowing the prior bullish session whole, and sellers retake control with 88% of the week's volume on their side. The stock still sits within a whisker of its all-time highs, though, and the underlying trend holds — ADX keeps climbing and momentum shows no sign of slowing. The trade has been under management for 19 weeks, running past 19% in profit.
IQS Phase
47
ordinary
Signal Strength
64
medium
Sizing
STANDARD
Ranking
#23 / 70
EU-UK stocks in progress
Trade P&L %
+19.66%
from signal to date, no stop loss
Rank position
ranks 23rd among the 70 Longs already running for European-UK stocks in our ranking, with a signal strength of 64 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV1
Sector regimein positive regime
Performanceweekly -2.04% · monthly +1.88%
ISP belongs to the italian sector (reference ETF EXV1). The sector is classified in positive regime according to our weekly reading.
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