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Mercedes-Benz: sell signal under observation for months, but momentum is nearly absent

Mercedes-Benz sell signal at week 17 of observation, never confirmed by the market. Signal strength at 2 out of 100, ranked 52nd of 57: our model advises against trading.

In Summary
Mercedes-Benz Group carries a sell signal under observation for 17 weeks, never confirmed by the market in the three monitoring weeks. Signal strength is almost nonexistent: 2 out of 100. Our model advises against trading this asset: opening conditions remain high risk.
Sell signal in observation ·16th week from start ·EU-UK stocks ·T2
IQS Phase
78
in tension
Signal Strength
2
low · fading
Sizing
MINIMUM
Ranking
#52 / 57
EU-UK stocks sell signals
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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