The rally cools just short of the highs
Unipol adds just 0.3% and stalls near the highs, with earnings on the way
The rally cools just short of the highs
Our view last week
After a week of fading push, Unipol turns higher again: +3.7%, driven by a double bottom in the 24 area with a 5% rebound. The weekly RSI climbs above 70 and the ADX accelerates, confirming a structure that is still solidly bullish. Three price action warnings remain, though - contracting volumes, fading buyer dominance and persistent overbought conditions - calling for more caution on near-term momentum. The trade stays in double-digit profit.
This week's summary
After last week's 3.7% gain, Unipol slows down sharply: this time just +0.3%, with the weekly RSI above 70 and volume contracting — the same warnings from last week are confirming. On the daily chart the stock bounces off the 20-day average, in the 26 area, but stays close to its recent highs, already tested more than once. Earnings land this week, on August 6th: extra caution on a trade already sitting on double-digit profit.
IQS Phase
64
ordinary
Signal Strength
44
medium · weak
Sizing
REDUCED
Ranking
#43 / 61
EU-UK stocks in progress
Trade P&L %
+11.86%
from signal to date, no stop loss
Rank position
ranks 43rd among the 61 Longs already running for European-UK stocks in our ranking, with a signal strength of 44 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV1
Sector regimein positive regime
Performanceweekly +2.05% · monthly +3.45%
UNI belongs to the italian sector (reference ETF EXV1). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content