Northrop Grumman — Week 10 of sell signal
NOC at Week 10: decline losing momentum, but no reversal yet
Northrop Grumman — Week 10 of sell signal
In Summary
Northrop Grumman is at week 10 of a sell signal. The decline holds directionally, but technical indicators over the past weeks show a progressive loss of bearish momentum: the MACD histogram is converging toward zero, CMF has improved markedly, and momentum is recovering from its lows. A double bottom in the 532 area on the daily chart adds a warning signal not to be dismissed.
Ongoing decline
·10th week from start
·US stocks
·T2
IQS Phase
72
in tension
Signal Strength
12
indecisive week
Sizing
MINIMUM
Ranking
#36 / 96
US stocks
Trade P&L %
+19.82%
from signal to today
restricted Platinum content