Eastman Kodak: bearish trend under watch, but setup remains high risk

At week 3 of the sell signal on Eastman Kodak, the weekly structure remains bearish and the confirmation week closed lower. Signal strength at 26 out of 100 points to an indecisive week, not an accelerating decline. Our model flags elevated-risk conditions: the stock is 38% above its 200-week average, and a double bottom with a 15% rebound is forming on the daily chart.