The decline continues, but the trend is losing conviction
Lottomatica stock sheds 3.6% as the ADX signals a decline losing steam
The decline continues, but the trend is losing conviction
Our view last week
Lottomatica shares drop 3% in a session with heavy seller dominance — 83% of the week's volume — as ADX turns down and money flow flips negative after weeks on the other side. Price is boxed between the daily pivot point, in the 24.9 area, and its moving average, in the 24.3 area, with earnings due this same week.
This week's summary
Lottomatica stock drops another 3.6% in a week with heavy seller dominance — 80% of the volume — while money flow, already negative last week, digs deeper into the red and the ADX keeps fading. Earnings, out on July 29, are now behind it: the decline, in its 6th week of management, presses on with no sign of exhaustion in this week's technical analysis.
IQS Phase
77
in tension
Signal Strength
82
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#2 / 47
EU-UK stocks
Trade P&L %
+4.67%
from signal to date, no stop loss
Rank position
ranks 2nd among the 47 sell signals for European-UK stocks in our ranking, with a signal strength of 82 out of 100.
Sector context
SectorItalian
Benchmark ETFXLY
Sector regimein positive regime
Performanceweekly +6.11% · monthly -1.69%
LTMC belongs to the italian sector (reference ETF XLY). The sector is classified in positive regime according to our weekly reading.
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