Sell under management: buyers press higher in week 12
Iveco Group +0.3%: buyers defend the floor and press toward the highs
Sell under management: buyers press higher in week 12
Our view last week
Week 11 of the sell signal on Iveco Group. The recent technical picture reads more uncertain than directional: momentum has nearly flattened out after weeks of sharp declines, while capital flow has turned negative again in the latest readings. Volumes are contracting and price action points to a distribution phase underway, with candle body conviction fading.
This week's summary
Iveco Group's price tested the technical floor this week — the 20-day moving average, the daily Ichimoku cloud base and the lower Bollinger Band, all in the 13.89-13.95 area — and was firmly rejected there, rallying to a fresh 7-day high. The advance stayed tiny, +0.3%, but the volume mix flipped: 80% of trading turned to the buy side, up from 46% last week. The sell signal, now in its 12th week, is starting to lose its edge.
IQS Phase
55
ordinary
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#50 / 54
EU-UK stocks
Trade P&L %
+0.11%
from signal to today
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