Infrastrutture Wireless Italiane: the decline is slowing
Infrastrutture Wireless Italiane rises 0.9% as buying flow returns
Infrastrutture Wireless Italiane: the decline is slowing
Our view last week
This week Infrastrutture Wireless Italiane stock gave up 1.9%, with sellers back in control at 66% of the trading. The sell signal, open for seven weeks, still sits 6.1% in profit. Under the surface the picture is more mixed: money flow stays negative but lighter than three weeks ago, while price is boxed again between the 6.12 area and the 6.34 area, without a clear direction.
This week's summary
The sell signal on Infrastrutture Wireless Italiane is losing its edge: this week buyers took charge again, running 89% of the volume, the weekly MACD just crossed bullish, and money flow is pulling away from its lows. Infrastrutture Wireless Italiane stock stays boxed in a tight range, between the 6.36 area and the 6.46 area, with a strong double bottom in the 6.0 area sitting underneath. The trade has been under management for 8 weeks, up 5.28%.
IQS Phase
49
ordinary
Signal Strength
12
decline losing steam
Sizing
MINIMUM
Ranking
#32 / 56
EU-UK stocks
Trade P&L %
+5.28%
from signal to today
Rank position
ranks 32nd among the 56 sell signals for European-UK stocks in our ranking, with a signal strength of 12 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV2
Sector regimeweak phase
Performanceweekly -3.01% · monthly -8.78%
INW belongs to the italian sector (reference ETF EXV2). The sector is classified weak phase according to our weekly reading.
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