Week 4 · Sell signal not confirmed
Snam: the sell signal stalls, but the rebound lacks conviction
Week 4 · Sell signal not confirmed
In Summary
Snam is at week 4 of a sell signal that has never developed into a structural decline. The week closed up 2.2% with buyers dominant, but a double bottom in the 6.2 area and a MACD still in negative territory leave the picture unresolved. Trading not recommended: those without an open position have no reason to act now.
IQS Phase
60
ordinary
Signal Strength
2
indecisive week
Sizing
MINIMUM
Ranking
#26 / 52
EU-UK stocks
Trade P&L %
-3.81%
from signal to today
restricted Platinum content