Fresh sell signal on Legrand
Legrand: sell signal in week one, trading not recommended
Fresh sell signal on Legrand
In Summary
Legrand SA receives a weekly sell signal in its 1st week. The structure is intermediate bearish and the MACD has just crossed into bearish territory, but the week's decline was minimal — indecision, not confirmation. The quality band flags trading not recommended: the stock is still 32% above the 200-week average, with a double bottom forming on the daily chart. The setup is one to monitor, not to force.
Fresh sell signal
·1st week from start
·EU-UK stocks
·T2
IQS Phase
57
ordinary
Signal Strength
16
indecisive week
Sizing
MINIMUM
Ranking
#31 / 54
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
restricted Platinum content