A mature buy, price pulling back from the record
MIB (FTSE MIB ETF): a mature rally, price backing off the record
A mature buy, price pulling back from the record
Our view last week
The FTSE MIB ETF is in the 13th week of a buy signal, up 13.23% and a whisker from its all-time high, a level that has already turned price back 5 times. The weekly trend has conviction — ADX is rising — yet our trading signals point to a spent cycle: Signal Strength sits at 0 out of 100 and fading, the primary scenario leans to the exit, and the quality band advises against fresh entries. If you're already in, defend the profit with the stop; if you're watching from outside, today the risk is elevated.
This week's summary
The MIB, an ETF tracking the FTSE MIB, is backing off its all-time high after weeks glued to the record: the buy signal's gain eases to +11.51% and the latest weekly candle shows sellers taking control. The underlying structure holds, but our weekly technical read points to a spent cycle — Signal Strength is at 0 out of 100 and the model's scenario leans to the exit. For anyone already in, this is the phase where you protect the profit banked.
IQS Phase
46
ordinary
Signal Strength
0
low · fading
ATH distance
2.60%
2.60%
KPI 4
0/3
Trade P&L %
+11.51%
from signal to today
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