Sell signal, week 2 · EU-UK stocks
Siemens Healthineers adds 0.2% and closes low in its range, turned back by daily averages
Our view last week
Daily price action has carved 3 lower highs, from 40 down to 38 between Sep 3 and Sep 22, and after 4 losing weeks a new Sell signal kicks in on Siemens Healthineers stock, on an almost flat week (+0.1%). The push is missing, though: signal strength sits at 2 out of 100 and price stays below the 50-week average. In our technical analysis, opening a short here is high-risk.
This week's summary
A two-sided week for Siemens Healthineers stock: price gained 0.2% yet closed in the lower part of its range, turned back by the cluster of daily moving averages between the 38 area and the 39 area. Meanwhile weekly money flow slipped into negative territory after 11 weeks above zero. In our technical analysis the Sell signal still has no push, with signal strength stuck at 2 out of 100 as it was 7 days ago: opening a short here remains high-risk.
IQS Phase
58
ordinary
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#81 / 89
EU-UK stocks sell signals
Trade P&L %
-0.19%
from signal to date, no stop loss
Siemens Healthineers (SHL) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 81st 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 ETFEXV4
Sector regimeweak phase
Performanceweekly -2.52% · monthly -5.64%
SHL belongs to the european sector (reference ETF EXV4). The sector is classified weak phase according to our weekly reading.
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