Tenaris, decline making lower lows
Tenaris: sell signal in week 2, decline making lower lows
Tenaris, decline making lower lows
In Summary
Tenaris is in week 2 of a sell signal, and the week just closed down 4.0%: the decline keeps making lower lows, with no sign of exhaustion yet. The stock ranks 1st among the 54 European sell signals, but it still trades above its 200-week average — an opening our model rates as high risk.
IQS Phase
88
in tension / maturity
Signal Strength
31
decline starting to make lower lows
Sizing
REDUCED
Ranking
#1 / 54
EU-UK stocks sell signals
Trade P&L %
+4.01%
from signal to today
restricted Platinum content