Sell signal under management, week 9
Lottomatica stock slips 0.2% as the downtrend keeps losing steam
Our view last week
Lottomatica stock climbs for a second straight week, but gets rejected again in the 24.8 area, where the 7-day high and two long-term moving averages overlap. The Sell signal, open for eight weeks, hasn't lost its grip: the ADX keeps sliding and money flow stays negative — a sign the bounce hasn't convinced buyers yet. This weekly technical analysis flags the area as the key level to watch.
This week's summary
Lottomatica stock is boxed into a very tight range, between the wall in the 24.7 area and the floor in the 24.3 area: after two weeks of climbing, the stock gave back 0.2% this week, and the ADX keeps sliding, now down for nine straight weeks. The Sell signal, under management since its ninth week, sits just above breakeven: the direction still holds, but it's losing its edge.
IQS Phase
58
ordinary
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#44 / 46
EU-UK stocks
Trade P&L %
+0.77%
from signal to date, no stop loss
Rank position
ranks 44th among the 46 sell signals for European-UK stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorItalian
Benchmark ETFXLY
Sector regimein strong phase
Performanceweekly -0.15% · monthly +3.51%
LTMC belongs to the italian sector (reference ETF XLY). The sector is classified in strong phase according to our weekly reading.
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