The decline slows, the signal climbs higher
Sabesp barely moves (-0.2%) after the plunge: Sell signal climbs to 2nd
Our view last week
Sabesp stock drops 11.5% in a week: the stock breaks down through its seven-session high, and sellers stay firmly in control, with the last weekly candle marked by extreme dominance. Compared with seven days ago the picture worsens — last week's decline was 2.9%, now the decline is accelerating — and our weekly technical analysis puts the stock 8th among the 25 Rest of the World sell signals, trading not recommended.
This week's summary
After last week's 11.5% plunge, Sabesp's decline is suddenly braking: this week the stock closes almost flat, at -0.2%, with no new lows, and money flow has turned positive. Our weekly technical analysis still has Sabesp under an active Sell signal, now in its fourth week, climbing to 2nd among the 25 Rest of the World sell signals — a case worth watching closely.
IQS Phase
70
in tension
Signal Strength
50
isolated weekly drop
Sizing
STANDARD
Ranking
#2 / 25
Rest of the World stocks sell signals
Trade P&L %
+14.26%
from signal to date, no stop loss
Rank position
ranks 2nd among the 25 sell signals for titoli resto del mondo in our ranking, with a signal strength of 50 out of 100.
Sector context
SectorUtilities
Benchmark ETFXLU
Sector regimeweak phase
Performanceweekly -3.48% · monthly -6.88%
SBSP3 belongs to the utilities sector (reference ETF XLU). The sector is classified weak phase according to our weekly reading.
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