New buy signal on the European technology ETF
EXV3 gains 5.4% and flips back to a buy within reach of its all-time high
Our view last week
EXV3, the European technology sector ETF, gains 2.3% after 3 losing weeks and heads back toward the Inversion Point, in the 99 area. The sell signal triggered last week is already losing its push: strength drops to 2 out of 100, a decline fading out. EXV3 technical analysis still shows price action with sellers ahead in the weekly bar: as a trading strategy, our model rates a fresh short as high-risk.
This week's summary
The picture flipped in 7 days: EXV3, the European technology sector ETF, gains 5.4%, sets a new 30-day high and triggers a buy, one of this week's new buy signals. The sell signal, already out of push last week, has been withdrawn. EXV3 technical analysis shows aligned moving averages and weekly money flow on the rise, but price is working right under its all-time high: for swing trading, this setup is best approached on a pullback.
IQS Phase
60
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#2 / 2
New eu-uk stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Technology Europe (EXV3) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 2nd among the 2 fresh Longs for European-UK stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
EXV3 belongs to the etf settoriale sector (reference ETF ).
restricted Platinum content