Ongoing decline · week 6 · Borsa Italiana (Milan)
Leonardo drops 3.2% and breaks its 30-day low as the decline lengthens its stride
Our view last week
Last week's bounce went nowhere: Leonardo stock gives back 2.9%, with 92% of volume on the sell side in the weekly bar and price slipping below the Ichimoku cloud, where it still sat a week ago. Technical analysis shows the MACD histogram falling for 6 weeks and money flow back in negative territory, while price action presses the 30-day lows in the 48.6 area. The short is up 7.4% since entry.
This week's summary
Leonardo sheds 3.2% and breaks the lows it had been leaning on since last week: a fresh 30-day low in the 47.2 area, confirmed by the weekly close. Technical analysis of Leonardo stock shows price action still in a distribution phase: the MACD histogram has been falling for 7 weeks, money flow has been negative for 2 and the weekly RSI is down to 41. On the daily chart the RSI at 30 is brushing oversold. The short is up 10.4% since entry.
IQS Phase
74
in tension
Signal Strength
47
downtrend making lower lows, pace holding
Sizing
REDUCED
Ranking
#27 / 89
EU-UK stocks
Trade P&L %
+10.37%
from signal to date, no stop loss
Leonardo (LDO) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 27th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorItalian
Benchmark ETFEXH4
Sector regimeweak phase
Performanceweekly -0.03% · monthly +0.15%
LDO belongs to the italian sector (reference ETF EXH4). The sector is classified weak phase according to our weekly reading.
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