A fresh sell signal among European stocks
Telecom Italia drops 6.6% as a fresh sell signal opens this week
A fresh sell signal among European stocks
Our view last week
Telecom Italia slips 1.8% for a second straight week, but sellers are easing their grip: last week they held 80% of volume, now down to 61%. The double bottom in the 7.5 area holds, with a 10% interim rebound, while the weekly RSI drops from 83 to 74 — still overbought, but cooling. ADX, which climbed for four straight weeks, is now stabilizing around 47: the trend is catching its breath. The trade has been under management for 14 weeks, up 22.7%.
This week's summary
Telecom Italia shares drop 6.6% in a week and open a fresh sell signal, 6th among the 56 European sell signals in our ranking. Sellers dominate the tape - daily money flow stays deeply negative - while the daily RSI slides close to oversold, at 28. Our technical analysis flags the stock as high-risk: earnings land this very week.
IQS Phase
55
ordinary
Signal Strength
91
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#6 / 56
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
Rank position
ranks 6th among the 56 sell signals for European-UK stocks in our ranking, with a signal strength of 91 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV2
Sector regimeweak phase
Performanceweekly -3.01% · monthly -8.78%
TIT belongs to the italian sector (reference ETF EXV2). The sector is classified weak phase according to our weekly reading.
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