Leonardo, the decline hangs in the balance
Leonardo slips 1.4% as sellers retake control after last week's sharp bounce
Leonardo, the decline hangs in the balance
Our view last week
Leonardo is in week 11 of a sell signal, and this week tells an entirely different story: a 13.6% gain on 98% buy volume, the strongest reading of the recent stretch. CMF turns positive again after three weeks in distribution, MACD narrows toward the Signal line, and the weekly structure comes back clean, with no warning signals. The downside case is crumbling.
This week's summary
After last week's 13.6% surge that seemed to have ended the bearish case, this week Leonardo shows its bearish face again: sellers dominated the tape (82% of volume), money flow turned negative again after the prior week's brief turn, and the stock gives back 1.4%. Price still sits boxed into a tight corridor between the daily pivot point, in the 51.8 area, and its own 20-day average, in the 51.3 area: neither side is taking real control.
IQS Phase
60
ordinary
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#51 / 54
EU-UK stocks
Trade P&L %
+1.67%
from signal to today
restricted Platinum content