Signal cooling, stop already at breakeven
Unipol slips 1.7% as the buy signal cools in its fifth week
Signal cooling, stop already at breakeven
Our view last week
Unipol shares stay boxed between two tight walls: the 7-day high in the 26.9 area and the daily pivot average just below, in the 26.4 area. After a nearly flat week (-0.3%, last candle indecisive), the weekly RSI climbs to 73, in advanced-strength territory, and the trend is gaining conviction with the ADX rising. The buy signal is in its fourth week and the trade is running at +9.42% since entry: the technical picture stays favorable, though with little room to maneuver above.
This week's summary
Unipol shares stay boxed between two tight walls: after three daily highs coming in progressively lower, from the 27 area toward the 27 area, the week gave back 1.7%. The weekly RSI still sits at 70, in advanced-strength territory, and the ADX is rising, but daily money flow stays positive while sellers edged ahead slightly on the last bar. Weekly technical analysis places the buy signal in its fifth week, with the trade running at +7.6%: the push is thinning a bit.
IQS Phase
52
ordinary
Signal Strength
44
medium · weak
Sizing
REDUCED
Ranking
#42 / 61
EU-UK stocks in progress
Trade P&L %
+7.60%
from signal to today
restricted Platinum content