Buy in management · week 13
Saint-Gobain barely moves (+0.2%): the double-bottom bounce loses steam
Buy in management · week 13
Our view last week
Saint-Gobain closed the week down 5.5%: the stock is back near support in the 75 area, after repeated rejections at resistance between 77 and 78. The ADX has been sliding for three weeks, buyer dominance is collapsing, and sellers ruled the last session — the technical picture is losing conviction. This price action trading read looks at where the next move could take it.
This week's summary
Saint-Gobain shares stay boxed into a tight range after the double bottom in the 73 area: this week's technical analysis shows a flat close (+0.2%), with buyers back in modest control (67% of volume) after last week's heavy selling. But the weekly ADX keeps sliding and momentum has turned negative: the bounce is struggling for fuel. The trade, in its 13th week of management, remains in a small loss (-6.7%), the position still fully open.
IQS Phase
40
ordinary
Signal Strength
44
medium · weak
Sizing
REDUCED
Ranking
#40 / 61
EU-UK stocks in progress
Trade P&L %
-6.70%
from signal to today
restricted Platinum content