Ongoing decline · week 6 · EU-UK stocks
Orange slips 1.3%: a new 30-week low that the weekly close fails to confirm
Our view last week
Orange closed the week down 5.8%, its second straight loss, and slipped below its 100-week average, which pushed the price back this very week. The price action is blunt: 82% of volume on the sell side, money flow in strong distribution and the MACD sinking further. Orange stock stays on a sell signal making lower lows, with the short 6.8% in profit and the price hugging its lows of the last three months: a trade setup among European stocks to watch.
This week's summary
Orange printed a new 30-week low, in the 13.5 area, and failed to confirm it at the close: the week ended down 1.3%, a third straight loss, in the upper half of its range. Last week the stock had closed near its low, below the 100-week average. Technical analysis of Orange stock stays bearish, with the RSI at a 4-week low and the MACD still falling, while the weekly candle shows a first slowdown. The short is 8% in profit: a trade setup to follow among European stocks.
IQS Phase
62
ordinary
Signal Strength
40
isolated weekly drop
Sizing
REDUCED
Ranking
#34 / 89
EU-UK stocks
Trade P&L %
+8.00%
from signal to date, no stop loss
Orange (ORA) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 34th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 40 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV2
Sector regimeweak phase
Performanceweekly -0.85% · monthly -2.51%
ORA belongs to the european sector (reference ETF EXV2). The sector is classified weak phase according to our weekly reading.
restricted Platinum content