Sell signal, week 3: confirmation still open
Terna slips 0.3% as the weekly decline drags on without conviction
Our view last week
Terna is in its second week of the Sell Signal, but the picture isn't getting stronger. The stock closed slightly higher, sellers aren't pushing toward new lows, and the sequence of lower highs on the daily chart is starting to flatten out. We remain cautious: the price is still well above its 200-week average, a level that typically offers support, and the Signal Strength is modest. Per our model, this stays a high-risk opening, trading not recommended: the confirmation week is still open.
This week's summary
Terna's decline keeps going but without much conviction: weekly volumes are contracting and the last candle closed weak, while on the daily chart sellers stay in control, with ADX climbing toward 27 and money flow in distribution. Versus last week the picture hasn't changed much: the price is still well above its 200-week average, and for our Terna stock technical analysis the sell signal's confirmation week is still open. This stays a high-risk opening, trading not recommended.
IQS Phase
52
ordinary
Signal Strength
17
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#26 / 51
EU-UK stocks sell signals
Trade P&L %
-0.31%
from signal to date, no stop loss
Rank position
ranks 26th among the 51 sell signals for European-UK stocks in our ranking, with a signal strength of 17 out of 100.
Sector context
SectorItalian
Benchmark ETFEXH9
Sector regimeweak phase
Performanceweekly +0.66% · monthly -1.21%
TRN belongs to the italian sector (reference ETF EXH9). The sector is classified weak phase according to our weekly reading.
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