Sell signal in week 3, nearly spent
Schneider Electric bounces 4.1% off its 20-day average, all-time high a step away
Our view last week
Schneider Electric gains 1.8% and wipes out last week's drop, yet the price action in the weekly bar tells another story: a small body, buying below 25% of volume and sellers extremely dominant. For Schneider Electric stock it is a bounce without buyers, and the last session drives it home with just 13.7% of trading on the buy side. Technical analysis shows a sell signal in week 2, with the verdict still open and signal strength fading.
This week's summary
Schneider Electric bounces 4.1% off its 20-day moving average and now sits 3% below its all-time high: last week's recovery has stretched further. For Schneider Electric stock the sell signal is nearly spent, with signal strength down from 11 to 2 out of 100, one of the European stocks to watch. The close and the Inversion Point, in the 302 area, have already crossed with no change of sign declared: one to watch in the coming sessions.
IQS Phase
35
ordinary
Signal Strength
2
decline nearly over
Sizing
MINIMUM
Ranking
#89 / 89
EU-UK stocks sell signals
Trade P&L %
-6.04%
from signal to date, no stop loss
Schneider Electric (SU) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 89th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXH4
Sector regimeweak phase
Performanceweekly -0.03% · monthly +0.15%
SU belongs to the european sector (reference ETF EXH4). The sector is classified weak phase according to our weekly reading.
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