Northrop Grumman: decline picks up at week 12, +23% since inception

Northrop Grumman Corp. is at week 12 of a sell signal, with a 23% trade performance accumulated since inception. This week was the sharpest in the past month: -5.2% with 86% sell volume. MACD, CMF, and RSI all moved in the same direction — deterioration — while a double bottom in the 521 area is the only technical element worth watching on the opposite side.