Open long · week 15
Procter & Gamble slips 0.9% as the 20-week average turns the price back
Our view last week
On Procter & Gamble stock the sellers are back in charge: they took 77% of volume in the weekly bar after 3 weeks of buyers in front, and money flow drops back below zero after a single positive week. Price closed almost flat, down 0.1%, squeezed between the 100-day moving average in the 146.6 area and the 20-day average in the 146.1 area. Among US stocks, our technical analysis keeps tracking the open trade, now 2.8% below entry, with the weekly MACD still above its Signal line.
This week's summary
Procter & Gamble slipped 0.9% and lost its 20-day and 50-day moving averages, in the 146.1 area, which were still holding it up a week ago: the 20-week average, in the 146.4 area, turned the price back. Weekly money flow has been negative for 2 weeks and the ADX at 12.7 shows no trend. In our technical analysis of Procter & Gamble stock the picture is indecisive, and among US stocks with weekly buy signals still open this trade sits 3.6% below entry.
IQS Phase
40
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#64 / 93
US stocks in progress
Trade P&L %
-3.64%
from signal to date, no stop loss
Procter & Gamble (PG) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 64th among the 93 Longs already running for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorDefensive Staples
Benchmark ETFXLP
Sector regimeweak phase
Performanceweekly -1.86% · monthly -5.85%
PG belongs to the defensive staples sector (reference ETF XLP). The sector is classified weak phase according to our weekly reading.
restricted Platinum content