Nexi, fresh Long: 9% bounce off the 20-day average
Nexi gains 4.7% and opens a fresh buy signal, 2nd among European Longs
Nexi, fresh Long: 9% bounce off the 20-day average
Our view last week
Nexi is in week 7 of a sell signal, and the week just closed gained 6.5%, pushing price back to the Inversion Point. Signal strength slides to 2 out of 100: the decline has run out of road. The setup quality indicator, at 40 out of 100, stays in the ordinary band, and Nexi ranks 51st among the 54 European sell signals — opening here stays not recommended per our model.
This week's summary
Nexi shares bounce 9% off their own 20-day moving average, with buyers making up 86% of daily volume and money flow back in positive territory: the week closes up 4.7%. It's the week's newest buy signal, second among the 5 fresh European Longs — Nexi technical analysis shows the financial services sector running hot, though recent highs have already been tested more than once: entry stays selective.
IQS Phase
46
ordinary
Signal Strength
63
medium
Sizing
STANDARD
Ranking
#2 / 5
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
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