Orange · sell signal under management, week 5
Orange climbs 3.7% as the sell signal keeps losing steam
Orange · sell signal under management, week 5
Our view last week
Orange's decline stalls: after weeks of lower lows, the week just closed almost flat, +0.1%, with a clean double bottom in the 16 area on the daily chart and a 5% rebound. The Sell signal, now in its fourth week, is losing steam — strength at 41 out of 100, down from 56 a week ago — while the weekly ADX loses conviction. Orange shares sit 13th among the 54 European-UK sell signals; our model flags opening here as high risk.
This week's summary
Orange's sell signal is now under management in its fifth week, and for a second week running the decline has stalled: after last week's near-flat close, the stock is up 3.7% this week, backed by dominant buyers (76% of volume) and a weekly RSI climbing back to 47.9. The ADX keeps losing conviction, and price stays boxed in a tight corridor between the 16.4 and 16.6 areas.
IQS Phase
67
in tension
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#49 / 53
EU-UK stocks
Trade P&L %
+3.63%
from signal to today
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