Sell signal, week 2 · EU-UK stocks
London Stock Exchange Group slips 1.3%, fresh 30-day low fails to hold at the close
Our view last week
A heavy week for London Stock Exchange Group stock: price action shows sellers extremely dominant in the weekly bar and a bearish engulfing on the daily chart. The buy signal, resting on its threshold last week, has switched off, and technical analysis now records a fresh Sell signal. Price stays boxed between the 8224 area and the 8122 area, close to recent lows: opening a short here is high-risk.
This week's summary
A fresh 30-day low for London Stock Exchange Group, in the 8012 area, but the weekly close fails to confirm it: the stock slips 1.3% and ends just above that level. Last week's Sell signal gets a first follow-through: technical analysis shows London Stock Exchange Group stock turned back again by its 20-day moving average, in the 8296 area, with the weekly MACD below its Signal line for 4 weeks and the ADX rising. For swing trading, opening a short here stays a high-risk trade setup.
IQS Phase
68
in tension
Signal Strength
35
downtrend making lower lows, pace holding
Sizing
REDUCED
Ranking
#42 / 89
EU-UK stocks sell signals
Trade P&L %
+1.34%
from signal to date, no stop loss
London Stock Exchange (LSEG) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 42nd among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 35 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV1
Sector regimeweak phase
Performanceweekly -4.91% · monthly -4.92%
LSEG belongs to the european sector (reference ETF EXV1). The sector is classified weak phase according to our weekly reading.
restricted Platinum content