AYI Should I Buy

AYI is not a good buy right now for a beginner long-term investor who wants to deploy capital immediately. Fundamentals are solid (strong 2026/Q1 growth), but the near-term technical trend is weak/oversold, insiders are notably selling (selling up 173.37% over the last month), and Wall Street is neutral with a recent price-target cut. I would wait for clear technical stabilization (reclaiming the pivot ~317.68 and holding) before buying; as of now, it’s a HOLD rather than an immediate BUY.

Price is 311.06 (-1.29% today) and sitting just above first support S1 ~309.17 (next support S2 ~303.91). Momentum is bearish but losing force: MACD histogram is negative (-1.738) and contracting (selling pressure easing but still below zero). RSI(6) is ~33.9, which is near oversold/weak momentum—often a bounce zone, but not a confirmed reversal. Moving averages are converging, suggesting a transition period rather than a clean uptrend. Key levels: resistance/pivot ~317.68 (needs to be reclaimed to improve trend), then R1 ~326.18. As it stands, the chart suggests downside risk remains if 309 breaks.