Trade in management, week 16, +15.6%
Intesa Sanpaolo stock gains 1.6% as ADX climbs and the trend gains conviction
Trade in management, week 16, +15.6%
Our view last week
Intesa Sanpaolo is back on the move: this week buyers regain control with 88% of volume, after last week's selling flare-up that had weighed in at 64%. Price rises 2.5% and holds close to recent highs, with the double bottom in the 5.9 area that had already hinted at the rebound. The trade continues at a 13.8% gain, while earnings land right in this week.
This week's summary
Money flow on Intesa Sanpaolo stock hits its highest level of the period and ADX is climbing: the trend is gaining conviction. On the daily chart the price extends its run of higher lows toward the 6.4 area, still hugging its all-time highs. Compared with the buyer-dominated volume seven days ago (88%), the pace has eased a touch (66%), but the direction holds, with earnings now behind and the trade up 15.6%.
Open long
·16th week from start
·EU-UK stocks
·T1 Featured
·📅 Earnings · Jul 29
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IQS Phase
72
in tension
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#13 / 61
EU-UK stocks in progress
Trade P&L %
+15.59%
from signal to date, no stop loss
Rank position
ranks 13th among the 61 Longs already running for European-UK stocks in our ranking, with a signal strength of 66 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV1
Sector regimein positive regime
Performanceweekly +2.05% · monthly +3.45%
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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