Sell signal, week 6
Kering drops 5.8% to a new 30-week low, confirmed on the weekly close
Our view last week
For a second week running, buying stalls at 8% of volume, and Kering stock drops 4.1% to close just above its 30-day low. Weekly technical analysis and price action point to a decline that is speeding up: MACD sinking further below its Signal line, money flow below zero and worsening, RSI falling for 7 weeks. The short is 12.1% in profit since entry, and overhead the cluster of 20-day averages, in the 237 area, acts as a ceiling.
This week's summary
A new 30-week low, confirmed on the close: Kering stock sheds another 5.8% and stretches its run of falling weeks to 5. A week ago it had stopped just above its 30-day low; now it has gone lower. Weekly technical analysis shows no turn: MACD histogram falling for 8 weeks, RSI at 35.5, money flow negative. The one counterweight in the short-term price action is the daily RSI at 27.9, oversold. The short is now 17.3% in profit since entry, a swing trading case still pointing down.
IQS Phase
63
ordinary
Signal Strength
100
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#5 / 89
EU-UK stocks
Trade P&L %
+17.27%
from signal to date, no stop loss
Kering (KER) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 5th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 100 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXHG
Sector regimeweak phase
Performanceweekly -3.48% · monthly -7.23%
KER belongs to the european sector (reference ETF EXHG). The sector is classified weak phase according to our weekly reading.
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