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Kering SA: three observation weeks and still no confirmation

Kering SA is in the 3rd observation week of its sell signal. The market has not confirmed the bearish direction: three sideways weeks, signal strength at a low, trading not recommended per our model.

In Summary
Kering SA is in the 3rd observation week of a sell signal the market has yet to confirm. Signal strength has dropped to 8 out of 100, and the quality band flags trading as not recommended. Three sideways weeks are not enough to define the direction: the picture calls for caution and patience.
Sell signal in observation ·3rd week from start ·EU-UK stocks ·T2
IQS Phase
67
in tension
Signal Strength
8
low · fading
Sizing
MINIMUM
Ranking
#36 / 57
EU-UK stocks sell signals
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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