PayPal at week 3 of the sell signal: bearish trend confirmed, but the double bottom calls for caution

PayPal Holdings is at week 3 of a sell signal: the confirmation week closed lower again, the weekly structure remains bearish and the IQS stands at 78 out of 100 in a mature phase. The week was indecisive, but CMF in distribution and −DI dominant describe a decline still in progress. The quality band flags trading not recommended: PayPal ranks 18th among the 96 sell signals for US stocks.