iShares Auto EU: three sideways weeks, no confirmation
The sell signal on the European automotive sector ETF is at its 3rd week without confirmation. Signal strength at 8 out of 100 and fading, trading not recommended by our model. A case to watch, not to trade.
iShares European Utilities: fresh short signal, but the picture calls for caution
Fresh sell signal on the European Utilities ETF, 15th among 57 EU-UK shorts, but signal strength is low at 30 out of 100 and our model flags trading as not recommended. High-risk setup per our parameters.
First window reached, weakness signals: the desk favours cautious management
The European industrial goods ETF is at week 6 of a buy with medium signal strength at 56 out of 100. The first management window has been reached, but the confirmation week showed weakness signals: the desk favours cautious lightening rather than adding exposure.
iShares Oil & Gas EU: 55th out of 55, strength down to 25
Third week of the buy signal on this European oil & gas ETF, but all indicators point in the same direction: strength at 25 out of 100, last in the ranking, bearish confirmation week. The desk prefers to wait.
E.ON SE: nine-week sell signal running out of steam
E.ON SE carries a nine-week sell signal with strength nearly gone, at 2 out of 100. A confirmation week closing bullish and a trading-not-recommended band both point to the same conclusion: exit the position.
Siemens Energy: signal holds, active management begins
Siemens Energy is at week 6 of a buy with signal strength 83 out of 100. The first statistical window is reached, stop at breakeven: risk is zeroed. Ranked 7th among 55 ongoing EU-UK Longs.