EU-UK stocks · Sell signal, week 11
LVMH drops 4.6% to a fresh 90-week low as the decline picks up speed
Our view last week
Sellers still have a firm grip on trading: they took 88% of this week's volume, and the CMF slid to -0.35, its lowest in 4 weeks. LVMH stock gives up another 1.5%, a shorter step than last week's 3% drop, and technical analysis shows daily price action locked into lower highs, with the weekly RSI down to 30. The short sits 14% in profit since entry, and LVMH stays among the European stocks to watch.
This week's summary
A 5th straight weekly loss and a fresh 90-week low, confirmed on the weekly close: LVMH stock sheds 4.6%, its steepest drop in 4 weeks after last week's 1.5% dip. Technical analysis shows the decline picking up speed: the weekly RSI is down to 27, money flow sinks deeper into negative territory and the ADX has been rising for 7 weeks. Daily price action is still printing lower highs. The short is 18% in profit since entry, and LVMH remains one of the European stocks to watch.
IQS Phase
73
in tension
Signal Strength
42
decline starting to make lower lows
Sizing
REDUCED
Ranking
#30 / 89
EU-UK stocks
Trade P&L %
+18.01%
from signal to date, no stop loss
LVMH (MC) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 30th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 42 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXH7
Sector regime
Performanceweekly coming soon · monthly coming soon
MC belongs to the european sector (reference ETF EXH7).
restricted Platinum content