Sell signal, week 6: the decline picks up again
Vinci drops 4% to a fresh 30-week low, still capped by its 200-week average
Our view last week
After 6 straight weekly losses, Vinci stock closes with a modest 0.5% gain, and the Sell signal slows its pace once more. Price action still belongs to the sellers, though: they lead the weekly bar, with contracting volumes and a strong distribution phase. On the technical analysis side, the price stays close to its recent lows, below the cluster of moving averages in the 112-113 area that turned it back again this week.
This week's summary
Last week's timid recovery found no follow-through: Vinci stock drops 4% and sets a fresh 30-week low in the 104 area, confirmed by the weekly close. On the technical analysis side the decline is picking up pace again: the MACD histogram falls to its lowest reading in 4 weeks, momentum is weakening once more and money flow stays negative for a 9th week. On the daily chart, price action shows 4 lower highs, from the 114 area down to the 112 area.
IQS Phase
65
in tension
Signal Strength
36
decline starting to make lower lows
Sizing
REDUCED
Ranking
#38 / 89
EU-UK stocks
Trade P&L %
+6.60%
from signal to date, no stop loss
VINCI (DG) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 38th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 36 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXH4
Sector regimeweak phase
Performanceweekly -0.03% · monthly +0.15%
DG belongs to the european sector (reference ETF EXH4). The sector is classified weak phase according to our weekly reading.
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