Sell signal · week 2
British American Tobacco: cluster of resistance, decline still in play
Sell signal · week 2
In Summary
British American Tobacco is in week 2 of a sell signal, ranking 7th among the 54 European stocks in sell in our model. The weekly structure remains bearish despite a 26% daily rebound off a double bottom: the cluster of resistance in the 4430–4530 area has already rejected the stock on multiple occasions, and the quality band flags trading as not recommended, with the stock still 25% above the 200-week moving average.
IQS Phase
78
in tension
Signal Strength
42
shallow weekly drop
Sizing
REDUCED
Ranking
#7 / 54
EU-UK stocks sell signals
Trade P&L %
+1.52%
from signal to today
restricted Platinum content