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Abbott losing downside momentum: technical rebound to watch

At week 11 of the sell signal, Abbott bounces 6.4% with buyers at 77%. Technical indicators point to a fading downside front: MACD histogram converging, momentum recovering, CMF still negative but improving.

Abbott Laboratories · Week 11 · sell signal under management
Abbott losing downside momentum: technical rebound to watch
June 05, 2026
Abbott Laboratories · Week 11 · sell signal under management
In Summary
Abbott Laboratories is at week 11 of a sell signal. This past week closed with a 6.4% rebound and buyers at 77% of volume — a sharp reversal from the prior week, where sellers dominated at 68%. Technical indicators over the last 4 weeks show a downside front that is progressively losing steam, though the decline has not yet reversed on a technical basis.
Ongoing decline ·11th week from start ·US stocks ·T2
IQS Phase
72
in tension
Signal Strength
9
indecisive week
Sizing
MINIMUM
Ranking
#40 / 96
US stocks
Trade P&L %
+13.64%
from signal to today
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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