Sanofi — Week 4 of decline, rebound from double bottom
Sanofi: decline loses momentum after 4 weeks, double bottom to watch
Sanofi — Week 4 of decline, rebound from double bottom
In Summary
Sanofi is in week 4 of a sell signal, with our model flagging trading as not recommended. This week brought a sharp rebound — buyers at 92%, a 3.5% gain — from the double bottom in the 72 area. MACD is converging toward its signal line and RSI is climbing back to the midzone: the bearish picture is showing its first cracks.
Ongoing decline
·4th week from start
·EU-UK stocks
·T2
IQS Phase
54
ordinary
Signal Strength
7
indecisive week
Sizing
MINIMUM
Ranking
#37 / 54
EU-UK stocks
Trade P&L %
-6.63%
from signal to today
restricted Platinum content