Weekly rebound reignites the bullish trend
Recordati stock rallies 3.1% as buyers reclaim the volume lead
Weekly rebound reignites the bullish trend
Our view last week
Recordati closes the week up 0.6%, and buyers stay in charge for a second week running: 70% of volume goes to the buy side, the highest reading of the recent run. Beneath the gain, though, a crack keeps widening: the MACD histogram narrows for a fourth straight week, a sign the push is losing steam. Recordati stock remains one to watch in technical analysis terms, with the trade now up 5.67% since entry.
This week's summary
Recordati stock closes the week up 3.1%, the sharpest bounce in a month, and buyers are back in charge: 80% of volume goes to the buy side, the highest reading of the recent run. The MACD histogram, which had narrowed for four straight weeks, turns higher again — the fading push regains steam. The price sits boxed between the 7-day high resistance and the daily pivot support. In weekly technical analysis terms, the Recordati trade climbs to 8.94% profit since entry.
IQS Phase
87
in tension / maturity
Signal Strength
37
medium · weak
Sizing
REDUCED
Ranking
#64 / 73
EU-UK stocks in progress
Trade P&L %
+8.94%
from signal to date, no stop loss
Rank position
ranks 64th among the 73 Longs already running for European-UK stocks in our ranking, with a signal strength of 37 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV4
Sector regimein positive regime
Performanceweekly +0.89% · monthly -2.53%
REC belongs to the italian sector (reference ETF EXV4). The sector is classified in positive regime according to our weekly reading.
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