Sell signal · week 3 · Borsa Italiana (Milan)
Telecom Italia drops 13.4% and slides to the edge of its 100-week average
Our view last week
Telecom Italia stock lost 11.5% on the week, slipped below its 50-week moving average and set a fresh 90-day low. The Sell signal triggered 7 days ago, and price action is now following through: a downtrend making lower lows, signal strength at 95 out of 100, 8th of the 89 sell signals on European-UK stocks. Our technical analysis still argues against chasing the move: the daily RSI is at 21, in oversold territory, and the price remains well above its 200-week average.
This week's summary
Another heavy week for Telecom Italia: down 13.4%, after the 11.5% lost a week earlier. The 50-week moving average turned the price back, and it now sits just above its 100-week average. On our technical analysis Telecom Italia stock is in a downtrend making lower lows, signal strength at 100 out of 100, with price action still in distribution. But the daily RSI has dropped from 21 to 13: for swing trading, an oversold reading this deep argues against chasing the move.
Sell signal in observation
·3rd week from start
·EU-UK stocks
·T2
·📅 Earnings · Nov 4
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IQS Phase
67
in tension
Signal Strength
100
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#2 / 93
EU-UK stocks sell signals
Trade P&L %
+23.31%
from signal to date, no stop loss
Telecom Italia (TIT) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 2nd among the 93 sell signals for European-UK stocks in our ranking, with a signal strength of 100 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV2
Sector regimeweak phase
Performanceweekly -2.94% · monthly -6.06%
TIT belongs to the italian sector (reference ETF EXV2). The sector is classified weak phase according to our weekly reading.
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