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Saipem: solid technical bounce, but volumes are warning

27 weeks in, Saipem bounces hard off the double bottom structure in the 4.1 area. The trade is up 93% and model coverage is complete: the remaining 40% continues with a trailing stop on the Inversion Point.

Saipem: solid technical bounce, but volumes are warning
Saipem · Week 27 · remaining 40% still running
Saipem: solid technical bounce, but volumes are warning
June 12, 2026
Saipem · Week 27 · remaining 40% still running
In Summary
Saipem is at week 27 of a buy signal, up 93% from entry. Model coverage is complete and the remaining 40% continues with a trailing stop on the Inversion Point. This week the stock bounced 7.2% with 100% buy volume, building a double bottom in the 4.1 area — a technical structure worth monitoring, particularly for volume confirmation.
Open long ·27th week from start ·EU-UK stocks ·T1 ★ See Gold version →
IQS Phase
66
in tension
Signal Strength
49
medium · weak
Sizing
REDUCED
Ranking
#35 / 58
EU-UK stocks in progress
Trade P&L %
+93.44%
from signal to today
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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