Pulmonx: week 1 sell signal, but daily double bottom warrants caution

Pulmonx Corp. enters week 1 of a new sell signal, ranking 18th among 131 US sell signals. The week closed with minimal decline — an indecisive bar — but the weekly structure remains bearish, with strong distribution and price below the Ichimoku cloud. Our model flags trading as not recommended: elevated ATR volatility and a double bottom forming on the daily chart make this a high-risk moment.