EXH9, second week of the sell signal
EXH9 slips 0.8%: sellers dominate, but the sell signal still lacks fresh push
Our view last week
EXH9, the European utilities ETF, has already tested its recent highs five times over the last ten weeks without breaking through: this week it slips 2.1% and opens a fresh sell signal. The weekly picture stays bearish, but with some cracks — volumes are contracting and seller dominance is fading. Our model flags this as a high-risk opening, though: better to wait for a pullback before going short.
This week's summary
EXH9, the European utilities ETF, slipped 0.8% in the second week of its sell signal, and sellers dominated the last bar decisively. The weekly picture stays bearish, with volumes contracting and the ADX losing conviction: signal strength, 23 out of 100, describes a decline with no fresh push. Our model flags this as a high-risk opening, with the highs already tested five times: better to wait for a pullback before going short.
IQS Phase
87
in tension / maturity
Signal Strength
23
decline losing steam
Sizing
MINIMUM
Ranking
#28 / 46
EU-UK stocks sell signals
Trade P&L %
+0.76%
from signal to date, no stop loss
Rank position
ranks 28th among the 46 sell signals for European-UK stocks in our ranking, with a signal strength of 23 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
EXH9 belongs to the etf settoriale sector (reference ETF ).
restricted Platinum content