Sell signal, week 6
British American Tobacco drops 3.4% as sellers dominate, but momentum cools
Sell signal, week 6
Our view last week
British American Tobacco is in week 5 of a sell signal, and the week just closed down 2.7%. Taken alone, that would point to accelerating pressure, but signal strength has slipped to 14 out of 100: the decline is losing ground just as it seemed to press on. The setup quality indicator holds at 57 out of 100, ordinary range, and the stock ranks 35th among the 54 European sell signals.
This week's summary
British American Tobacco's shares close a heavy sell week: 91% of trading volume went to sellers, the highest sell skew in three weeks, while money flow keeps deteriorating. The weekly MACD has just crossed bearish, but the ADX is sliding for a third straight week — trend conviction is fading as selling pressure builds. The sell signal, under management for six weeks, still sits close to breakeven: the technical picture isn't settled yet.
IQS Phase
69
in tension
Signal Strength
53
decline starting to make lower lows
Sizing
STANDARD
Ranking
#7 / 54
EU-UK stocks
Trade P&L %
-1.32%
from signal to today
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