The decline holds, but momentum is fading

Moncler SpA is in week 13 of a sell signal: the stock continues to slide, but the pace of the decline has slowed. Sellers have been dominant at 83% for 2 consecutive weeks, momentum has nearly zeroed out, and CMF has returned to negative territory — the picture remains bearish, but a double bottom forming in the 49 area introduces a technical variable worth watching closely.