Moncler: earnings loom as the decline stalls
Moncler gains 1.4% as its Sell signal stalls just ahead of earnings
Moncler: earnings loom as the decline stalls
Our view last week
In this week's technical analysis on Moncler stock, the sell signal is reaccelerating: after a stalling week, the stock dropped 2.3% with sellers controlling 86% of volume and the MACD sinking deeper negative. On the daily chart, though, a double bottom formed in the 50 area with a 6% intermediate rebound: a tight range to watch, with earnings due in two weeks.
This week's summary
In this week's technical analysis on Moncler stock the Sell signal stays stuck in neutral: after last week's bounce the stock added a modest 1.4%, still propped up by the double bottom in the 50 area. Underneath, the picture keeps getting heavier — the MACD keeps sliding and money flow has turned worse again — while earnings, due July 22, land right in this week. The short, open for 18 weeks, remains in the money, if only modestly.
IQS Phase
78
in tension
Signal Strength
18
decline losing steam
Sizing
MINIMUM
Ranking
#27 / 53
EU-UK stocks
Trade P&L %
+2.80%
from signal to today
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