Snam: the sell signal stalls, but the rebound lacks conviction
Snam is at week 4 of a sell signal that has never found confirmation: the week closed higher with buyers dominant, but the double bottom in the 6.2 area and a still-negative MACD paint an unresolved picture. Trading not recommended.
State Street SPDR S&P 500: 9 weeks in, all 3 targets hit
The SPYM trade is at week 9 with an 8.88% gain and all 3 statistical targets already hit. The signal is fading, stop is at breakeven: the management roadmap runs to week 10.
SPTM: +9% in 9 weeks, but the signal loses momentum
SPTM is in week 9 of a buy signal with a 9% gain from entry and a breakeven stop. All 3 statistical model targets have been hit, but the roadmap runs through week 10. Signal strength has dropped to 29 out of 100.
Spotify: trade under pressure, dynamic stop is tight
Spotify is at week 3 of a buy signal, but the trade is down 7% and the confirmation week closed bearish. The dynamic stop is extremely tight: the model suggests caution.
Saipem: solid technical bounce, but volumes are warning
27 weeks in, Saipem bounces hard off the double bottom structure in the 4.1 area. The trade is up 93% and model coverage is complete: the remaining 40% continues with a trailing stop on the Inversion Point.
S&P Global: double bottom faltering, sellers back in control
S&P Global is in week 18 of a sell signal, up 4.64% from entry. The double bottom in the 402 area produced a 5% bounce, but BuyVol% collapsed to 46% this week — after three weeks between 73% and 77%. The bearish structure holds.