Sell signal, second week
Itaú Unibanco stock slips 1% as the sell-off loses steam in confirmation week
Our view last week
Itaú Unibanco's price breaks below the level our model was watching, drops 4.3% this week and opens a fresh Sell signal. Signal strength sits at its peak, 93 out of 100, and here the number reads straight: the decline is making lower lows, pace holding, with no sign of slowing down. Itaú Unibanco stock still sits a solid 17% above its 200-week average, and the confirmation week is still open.
This week's summary
Itaú Unibanco's sell-off is losing steam: after last week's 4.3% drop, the stock now slips just 1%, with buyers back in control of daily volume (89.7%). The ADX has eased to 16.8, a sign the trend is losing conviction, and the sell signal's strength has cooled to its lowest reading in weeks. Itaú Unibanco stock remains under the sell signal opened seven days ago, with the confirmation week still open — a case worth watching closely in trading latinoamerica.
IQS Phase
72
in tension
Signal Strength
43
isolated weekly drop
Sizing
REDUCED
Ranking
#9 / 25
Rest of the World stocks sell signals
Trade P&L %
+1.03%
from signal to date, no stop loss
Rank position
ranks 9th among the 25 sell signals for titoli resto del mondo in our ranking, with a signal strength of 43 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly -1.17% · monthly +2.55%
ITUB4 belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
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