UniCredit, an 18-week open long
UniCredit slips 2.6% as sellers retake control after three weeks of gains
Our view last week
UniCredit keeps climbing, but at a different pace than a week ago. After last week's 3.4% gain, this week closes more modestly, with buyers up to 66% of volume and the weekly MACD holding its lead over its signal line. Price stays close to the highs, between the 84 and 86 areas, but the week also brought two candles of opposite sign and contracting volume: the push is there, full confirmation isn't yet.
This week's summary
UniCredit closes the week down 2.6%, after three straight weeks of gains. Sellers take back control — 76% of the week's volume, against 66% buyers seven days ago — and the price slips away from the highs. The MACD still sits above its signal line, but the histogram is thinning and money flow is cooling: the rally is catching its breath, not breaking yet.
IQS Phase
49
ordinary
Signal Strength
25
low · fading
Sizing
MINIMUM
Ranking
#69 / 70
EU-UK stocks in progress
Trade P&L %
+15.62%
from signal to date, no stop loss
Rank position
ranks 69th among the 70 Longs already running for European-UK stocks in our ranking, with a signal strength of 25 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV1
Sector regimein positive regime
Performanceweekly -2.04% · monthly +1.88%
UCG belongs to the italian sector (reference ETF EXV1). The sector is classified in positive regime according to our weekly reading.
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