Safilo's buy signal loses steam in week 6
Safilo stalls at +0.1% as sellers stay in control ahead of August 4 earnings
Safilo's buy signal loses steam in week 6
Our view last week
Safilo shares gave back 7.7% this week, reversing last week's clean rebound: sellers dominated the final session to an extreme degree, and buyer dominance is collapsing. The buy signal, now in its fifth week, is showing signs of fading, with the weekly MACD just turning into a bearish cross. Safilo's technical analysis remains in active management: the dynamic stop is tighter than the structural level, and earnings are approaching on August 4.
This week's summary
Safilo stalls after last week's sharp drop: price closes essentially flat, but under the surface sellers remain in control, with only 29.7% of daily volume on the buy side and cash flow (CMF) still in negative territory. The weekly picture stays compressed, with ADX declining and the MACD below zero. Earnings land on August 4: an event to watch for anyone already in the trade, currently at -6.5% from signal.
Open BUY
·6th week from start
·EU-UK stocks
·T1
·📅 Earnings · Aug 4
IQS Phase
26
compressed / accumulation
Signal Strength
52
medium
Sizing
STANDARD
Ranking
#34 / 61
EU-UK stocks in progress
Trade P&L %
-6.51%
from signal to date, no stop loss
Rank position
ranks 34th among the 61 Longs already running for European-UK stocks in our ranking, with a signal strength of 52 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV4
Sector regimein positive regime
Performanceweekly -0.61% · monthly -2.43%
SFL belongs to the italian sector (reference ETF EXV4). The sector is classified in positive regime according to our weekly reading.
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