Diageo's 15-minute chart has triggered a KDJ Death Cross and a Bearish Marubozu pattern as of August 29th, 2025 at 11:30. This indicates a shift in the momentum of the stock price towards the downside, with potential further decreases to come. Sellers are currently in control of the market, and it is likely that bearish momentum will continue.
Diageo's stock price has shown signs of bearish momentum, with the 15-minute chart triggering a KDJ Death Cross and a Bearish Marubozu pattern as of August 29th, 2025, at 11:30 [1]. This technical analysis suggests a shift in the stock's momentum towards the downside, potentially leading to further decreases. The indicators signal that sellers are currently in control of the market, and bearish momentum is likely to continue.
The KDJ Death Cross is a technical indicator that occurs when the K line crosses below the D line, indicating a potential reversal in price direction. The Bearish Marubozu pattern, characterized by a single candle with no wicks, suggests a strong bearish trend. Both signals are typically associated with a decline in stock prices.
In addition to these technical indicators, Diageo's parent company, Pernod Ricard, has reported a challenging macroeconomic environment. Irish Distillers, a subsidiary of Pernod Ricard, reported a 2% increase in global net sales for its full financial year, which ended on June 30. However, Jameson Irish whiskey, a key product of Irish Distillers, saw its net sales rise by 3% globally, with double-digit growth in select markets across Asia, Africa, and Latin America [2].
Pernod Ricard's full-year 2025 organic sales fell by 3%, meeting analyst expectations, but the company warned of lower first-quarter revenues due to tariff uncertainty and sliding sales in the US and China [2]. The company expects improving sales trends skewed towards the second half of 2026 and lower first-quarter sales. This challenging macroeconomic backdrop may also impact Diageo's performance.
Investors should closely monitor Diageo's stock price and the broader market conditions to make informed decisions. The combination of technical indicators and macroeconomic factors suggests a cautious approach to investing in Diageo's stock.
References:
[1] https://www.rte.ie/news/business/2025/0828/1530546-pernod-ricard-quarterly-results/
[2] https://www.reuters.com/
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