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Terna: bearish signal in week one, but the setup carries high risk

Terna posts a sell signal in week one with a strength of 31 out of 100. Our model flags trading as not recommended: the stock is hugging historical highs, with little room before the next resistance level.

In Summary
Terna posts a sell signal in week one, with a strength of 31 out of 100 — medium, leaning weak. Our model flags trading as not recommended: the stock is hugging historical highs, with little room to run before the next resistance level. The signal is there, but opening conditions carry high risk.
Fresh sell signal ·1st week from start ·EU-UK stocks ·T2
IQS Phase
60
ordinary
Signal Strength
31
medium · weak
Sizing
REDUCED
Ranking
#14 / 57
New eu-uk stocks
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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