Two windows hit, third approaching: the trade holds but on weak conviction
BNP Paribas is at week 8 of a buy opened in the 94 area: 2 of the 3 statistical targets of our most advanced model have already been reached, the trade is up 2.56%, but a signal strength of 40 out of 100 and a bearish confirmation week call for caution over confidence.
Danone: double bottom in the 61 area and a fresh buy signal
Danone receives a fresh buy signal on Euronext, backed by a technical double bottom in the 61 area. The setup is constructive but cautious: weak weekly structure, signal ranked last among fresh European longs.
Bristol-Myers Squibb: 12 weeks waiting for a decline that won't come
BMY is at week 12 of a sell signal, yet the market won't confirm: 3 sideways weeks, buy volume dominant in the last 2 weeks, and a double bottom building in the 55 area pointing to structural support.
MPS at Week Eight: Two Targets Hit, Third Window Approaching
Banca Monte dei Paschi di Siena is at week 8 of a buy signal, up 17% from entry. Two of the three targets of our most advanced model already hit; the third window opens at week 10. Setup quality index at 66 out of 100, in rising tension.
Hugging the highs: 3 targets hit, the trade keeps running
Banca Mediolanum is at week 9 of an active buy signal, up 11% from entry. All 3 statistical targets of our most advanced model have been hit; trade management continues toward the final 10th-week window.
BlackRock, sell signal against a still-strong sector
BlackRock has just received a weekly sell signal at its first stage, but the backdrop is challenging: the financial sector remains in a phase of strength and the stock trades 13% above its 200-week structural average. Our quality band flags trading as not recommended.