Sell signal under management, week 14
Iveco stock: -0.2% and price stuck between 13.87 and 13.96 after earnings
Sell signal under management, week 14
Our view last week
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.
This week's summary
Iveco Group stock stays boxed into a very tight range, between the 13.87 area and the 13.96 area, with the week's session giving back just 0.2%. This week's technical analysis flags something worth watching: the RSI has slipped to 20.9, a fresh four-week low, while money flow has turned negative again after a brief improvement. Earnings, out yesterday, haven't shaken the picture yet: the gap risk is now behind us.
IQS Phase
63
ordinary
Signal Strength
25
decline fading out
Sizing
MINIMUM
Ranking
#20 / 47
EU-UK stocks
Trade P&L %
+0.57%
from signal to date, no stop loss
Rank position
ranks 20th among the 47 sell signals for European-UK stocks in our ranking, with a signal strength of 25 out of 100.
Sector context
SectorItalian
Benchmark ETFEXH4
Sector regimein strong phase
Performanceweekly +2.11% · monthly +0.81%
IVG belongs to the italian sector (reference ETF EXH4). The sector is classified in strong phase according to our weekly reading.
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