Sell signal · week 2 · EU-UK stocks
Telecom Italia drops 11.5%, loses its 50-week average and sets a fresh 90-day low
Our view last week
Telecom Italia stock fell 6.5% on the week and price action swung to the sellers: buying below 25% of volume in the weekly bar and a distribution phase underway. Last week the buy signal already carried an early-exit warning; now a new sell signal kicks in, 12th of the 78 among European-UK stocks. Our technical analysis urges caution: the price is still well above its 200-week average, and opening a short here is high-risk.
This week's summary
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.
IQS Phase
69
in tension
Signal Strength
95
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#8 / 89
EU-UK stocks sell signals
Trade P&L %
+11.46%
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 8th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 95 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV2
Sector regimeweak phase
Performanceweekly -0.85% · monthly -2.51%
TIT belongs to the italian sector (reference ETF EXV2). The sector is classified weak phase according to our weekly reading.
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