European utilities ETF · Sell signal, week 9
EXH9 adds 0.6% as weekly money flow turns positive after 5 weeks below zero
Our view last week
The weekly MACD line slips below zero in the very week EXH9, the European utilities ETF, recovers 0.5%. Last week the fund had lost 0.7%; now it bounces off its 50-week moving average, while money flow stays negative for a 5th straight week. In this EXH9 technical analysis the Sell signal carries on, with the short 2% in profit, and the price action shows a price stuck in a narrow corridor: a swing trading setup still waiting for direction.
This week's summary
Weekly money flow on EXH9, the European utilities ETF, turns positive after 5 weeks below zero, while the fund adds 0.6% for a 2nd straight weekly gain. A week ago the MACD line slipped into negative territory: it is still there, though the histogram has been rising for 4 weeks. In this EXH9 technical analysis the Sell signal carries on with the short 1.4% in profit, and the price action stays indecisive: a swing trading setup still boxed between two nearby averages.
IQS Phase
63
ordinary
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#80 / 93
EU-UK stocks
Trade P&L %
+1.42%
from signal to date, no stop loss
Utilities Europe (EXH9) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 80th among the 93 sell signals for European-UK stocks in our ranking, with a signal strength of 2 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