Bayer stock leads the 73 European-UK buys
Bayer stock +3.7% this week: first among the 73 open Europe-UK buys
Bayer stock leads the 73 European-UK buys
Our view last week
Bayer's shares close the week up 4.3%, but the daily chart tells a different story: still 4 lower highs in a row, running from the 52 area down to the 48 area, with sellers still driving the recent sessions, though their grip is fading and volumes are contracting. The weekly picture holds up well: RSI at 61.8, ADX stable, price above the Kumo, while the daily money flow stays negative. Earnings land this week, on August 4th, adding a risk factor worth watching.
This week's summary
Bayer closes the week up 3.7% and stays close to its recent highs, though candle-body conviction is starting to soften. The Bayer stock trade is in its 6th week and running at +5.98% since entry: the signal ranks first among the 73 open buys in European-UK stocks. Momentum stays strong, but the first trimming window in our model has already been triggered.
IQS Phase
57
ordinary
Signal Strength
89
high · wide move
Sizing
FULL
Ranking
#1 / 73
EU-UK stocks in progress
Trade P&L %
+5.98%
from signal to date, no stop loss
Rank position
ranks 1st among the 73 Longs already running for European-UK stocks in our ranking, with a signal strength of 89 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV4
Sector regimein positive regime
Performanceweekly +0.89% · monthly -2.53%
BAYN belongs to the european sector (reference ETF EXV4). The sector is classified in positive regime according to our weekly reading.
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