Diageo: first target hit, but the signal is faltering

Diageo is at week 7 of a buy setup: the first statistical target of our model has been reached, but the confirmation week closed bearish and the signal shows clear signs of fading. The IQS (Setup Quality Index) stands at 47 out of 100 — ordinary phase — and signal strength is medium at 52 out of 100. The active stop has tightened below the structural level: position management calls for attention.