Open buy · week 2 · earnings on October 8
Tesco slips 0.9% ahead of earnings as money flow turns negative after 11 weeks
Our view last week
In the week after the new buy signal, the price action turned against it: sellers dominated the weekly bar to an extreme and buying stayed below 25% of volume. Tesco stock closed down 0.6% and the signal failed to confirm, drawing an early-exit warning. The technical analysis shows a trend with no conviction, the ADX low and slipping for 8 weeks, and earnings on October 8 are now close.
This week's summary
Money flow on Tesco has turned negative after 11 weeks above zero, and a second straight weekly decline closes at -0.9%. Tesco stock still holds above its 50-week average, but the weekly buy signal that fired 2 weeks ago has not found confirmation and the early-exit warning stands. The technical analysis shows a trend still lacking conviction, with the ADX falling for 9 weeks, and earnings on October 8 land in the week ahead: a risk to weigh.
IQS Phase
36
ordinary
Signal Strength
37
medium · weak
Sizing
REDUCED
Ranking
#22 / 29
EU-UK stocks in progress
Trade P&L %
-1.51%
from signal to date, no stop loss
Tesco (TSCO) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 22nd among the 29 Longs already running for European-UK stocks in our ranking, with a signal strength of 37 out of 100.
Sector context
SectorEuropean
Benchmark ETFXLP
Sector regimeweak phase
Performanceweekly -1.86% · monthly -5.85%
TSCO belongs to the european sector (reference ETF XLP). The sector is classified weak phase according to our weekly reading.
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