Earnings loom as MACD turns bearish
Kering drops 4%: fresh sell signal fires in earnings week
Earnings loom as MACD turns bearish
Our view last week
The 8% bounce off the double bottom in the 240 area is holding: this week Kering shares add another 1.5%, with price boxed between the 20-day and 50-week averages, just above. Daily money flow stays slightly negative, but buyers still dominate 62% of volume. The buy signal is losing its edge — strength drops to 64 out of 100 — while earnings on July 29 draw closer.
This week's summary
Kering's weekly picture turns bearish: shares drop 4% as the MACD flips into a bearish cross and price slips under the Ichimoku cloud, just as earnings approach on July 29. On the daily chart a double bottom in the 237 area still holds, with a 9% bounce surviving last week - a floor that hasn't fully given way, even as sellers regain the upper hand in recent sessions.
IQS Phase
60
ordinary
Signal Strength
44
decline starting to make lower lows
Sizing
REDUCED
Ranking
#14 / 56
New eu-uk stocks
Trade P&L %
+0.00%
from signal to today
Rank position
ranks 14th among the 56 sell signals for European-UK stocks in our ranking, with a signal strength of 44 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXHG
Sector regimeweak phase
Performanceweekly -2.23% · monthly -0.78%
KER belongs to the european sector (reference ETF EXHG). The sector is classified weak phase according to our weekly reading.
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