New sell signal · week 1 · Borsa Italiana (Milan)
Intesa Sanpaolo drops 6.8% as the weekly MACD turns down after 22 weeks
Our view last week
Intesa Sanpaolo stock gains 1.8% and the weekly price action turns again: buyers are back at 74% of volume, after sellers took 60% seven days ago, and money flow starts growing again. The technical analysis shows price squeezed between the 7-day high, in the 6.83 area, and the daily Inversion Point average, in the 6.78 area, with the all-time high just above. A swing trading position now up 20% since it opened.
This week's summary
In one week the picture on Intesa Sanpaolo has flipped: the stock lost 6.8%, the weekly MACD slipped below its Signal line after 22 weeks above it, and on the daily chart the run of 4 higher lows was broken. 7 days ago Intesa Sanpaolo stock was working just under its all-time high; now a new Sell signal has fired. For technical analysis and swing trading alike, this is a decline in its first steps, with price still above the 50-week average.
IQS Phase
79
in tension
Signal Strength
64
decline starting to make lower lows
Sizing
STANDARD
Ranking
#14 / 89
New eu-uk stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Intesa Sanpaolo (ISP) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 14th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 64 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV1
Sector regimeweak phase
Performanceweekly -4.91% · monthly -4.92%
ISP belongs to the italian sector (reference ETF EXV1). The sector is classified weak phase according to our weekly reading.
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