Week 6, the first trimming window arrives
L'Oréal dips 0.4% in week 6 as the model's first trimming window arrives
Week 6, the first trimming window arrives
Our view last week
L'Oréal is in week 5 of an open buy trade, essentially at breakeven. The weekly picture stays bullish but shows signs of fatigue, and signal strength has faded to 40 out of 100: weak conviction on an ordinary volatility profile. 1 week remains to the first statistical trimming window.
This week's summary
This week L'Oréal closed almost flat, down 0.4%, but underneath the surface the picture is losing some shine: contracting volume, mixed rejection bars and a weekly MACD that keeps deteriorating. The structure stays bullish, if modestly — three of four structural averages are still aligned — and the trade is back to essentially breakeven after 6 weeks. For anyone following L'Oréal stock with weekly technical analysis, this is also the week the model's first trimming window kicks in.
IQS Phase
44
ordinary
Signal Strength
40
medium · weak
Sizing
REDUCED
Ranking
#44 / 60
EU-UK stocks in progress
Trade P&L %
-0.41%
from signal to today
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