Iveco Group technical analysis
Iveco Group slips 0.2% as sellers grab 90% of volume and money flow turns negative
Iveco Group technical analysis
Our view last week
Iveco Group's sell signal has reached its 13th week, and the latest one gave back just 0.1%, after last week's 3% bounce off the technical floor in the 13.90-13.95 area. Buyers have eased off a touch — buy volume drops to 57% from 80% a week ago — but underneath, money flow has turned positive for the first time in a month and the weekly MACD keeps smoothing out. The short is barely in profit, at +0.18%.
This week's summary
Sellers are back in control of Iveco Group stock this week: sell volume jumps to 90%, the most lopsided reading in the past four weeks, and money flow flips negative again after the month's only positive read. The price gives back just 0.2% and stays glued to the 13.90-13.96 area, the same floor that rejected the decline seven days ago. With earnings due this week, volatility could wake up soon.
IQS Phase
71
in tension
Signal Strength
11
decline fading out
Sizing
MINIMUM
Ranking
#33 / 56
EU-UK stocks
Trade P&L %
+0.39%
from signal to today
Rank position
ranks 33rd among the 56 sell signals for European-UK stocks in our ranking, with a signal strength of 11 out of 100.
Sector context
SectorItalian
Benchmark ETFEXH4
Sector regimein positive regime
Performanceweekly +1.57% · monthly +0.29%
IVG belongs to the italian sector (reference ETF EXH4). The sector is classified in positive regime according to our weekly reading.
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