Unipol buy signal, week 11: +17.64% and RSI above 70
Unipol stock gains 2.5% and moves back toward resistance near its highs
Our view last week
Unipol stock slips 3.7% this week but stays close to its recent highs, already tested three times without breaking through. In this weekly technical analysis, the buy signal — open for 10 weeks — is up 14.75% and has already hit all 3 targets of our most advanced model: the discipline now is managing the result with method.
This week's summary
Unipol stock closes the week up 2.5% and moves back toward the first resistance area, with the weekly RSI above 70 and the ADX climbing for 12 weeks: the trend is gaining conviction, even as volumes stay light. The buy signal, in its 11th week, has the trade up 17.64%, with the stop now moved to breakeven.
IQS Phase
47
ordinary
Signal Strength
40
medium · weak
Sizing
REDUCED
Ranking
#56 / 65
EU-UK stocks in progress
Trade P&L %
+17.64%
from signal to date, no stop loss
Rank position
ranks 56th among the 65 Longs already running for European-UK stocks in our ranking, with a signal strength of 40 out of 100.
Sector context
SectorItalian
Benchmark ETFEXV1
Sector regimein positive regime
Performanceweekly +0.51% · monthly +3.83%
UNI belongs to the italian sector (reference ETF EXV1). The sector is classified in positive regime according to our weekly reading.
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