Unilever: 8th week of the buy signal, +1.75%
Unilever stock rises 2% and bounces off its 20-day average in week 8 of the buy signal
Our view last week
Unilever closes the week down 1.7%, with the weekly structure still bearish: the candle carries 4 warning flags, from contracting volumes to sellers slightly ahead. On the daily chart, though, money flow stays on the buy side, and price holds the squeeze between the 50-day and 100-day averages. In our weekly technical analysis, Unilever stock remains in a buy signal at week 7, with the model's first target already hit.
This week's summary
Unilever stock closes the week up 2%, lifted by a 3% bounce off the daily 20-day moving average after a touch in the 4560 area. The weekly technical analysis stays neutral, with contracting volume the only warning flag. The buy signal is in its 8th week, up 1.75%, with two of the model's three targets already hit.
IQS Phase
60
ordinary
Signal Strength
49
medium · weak
Sizing
REDUCED
Ranking
#47 / 70
EU-UK stocks in progress
Trade P&L %
+1.75%
from signal to date, no stop loss
Rank position
ranks 47th among the 70 Longs already running for European-UK stocks in our ranking, with a signal strength of 49 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXH7
Sector regime
Performanceweekly coming soon · monthly coming soon
ULVR belongs to the european sector (reference ETF EXH7).
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