AstraZeneca · Week 7 of the decline
AstraZeneca: momentum collapses as the daily double bottom attempts to hold
AstraZeneca · Week 7 of the decline
In Summary
AstraZeneca is in week 7 of a sell signal, with a 2.06% gain from trade inception. The early-June technical rebound has faded: last week saw sellers regain control (71% of volume on the sell side), MACD collapsing toward zero, and momentum staying depressed. The one contrarian note is the daily double bottom in the 12010 area — a pattern worth watching but not yet confirmed.
IQS Phase
54
ordinary
Signal Strength
32
shallow weekly drop
Sizing
REDUCED
Ranking
#43 / 54
EU-UK stocks
Trade P&L %
+2.06%
from signal to today
restricted Platinum content