AZN Should I Buy

BUY now for a beginner, long-term investor with $50k–$100k. Despite today’s -2.47% drop to ~$93.36, the technical setup is close to a key pivot/support area and downside momentum is fading. Options positioning is mildly bullish (puts relatively light), hedge funds are accumulating, and the latest quarter shows strong growth (2025/Q3 revenue +11.99% YoY, EPS +78.02% YoY). Intellectia Proprietary Trading Signals: - [AI Stock Picker](module://ai_stock_pick): no signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently. With no proprietary “strong buy” signal, the decision is driven by fundamentals + sentiment; given your preference to act now (not wait for an optimal entry), AZN is a good buy at current levels ahead of the 2026-02-10 earnings catalyst.

Price/Trend: AZN is down -2.47% today to ~93.36 and is trading very close to the Pivot (92.963), suggesting a key decision zone. Momentum: MACD histogram is negative (-0.0573) but negatively contracting, which often indicates bearish momentum is weakening. RSI(6) ~65.7 is neutral-to-slightly warm (not oversold), implying the pullback is not an extreme washout. Moving averages are converging, consistent with a consolidation/transition phase rather than a strong trend. Levels: Immediate resistance R1 ~95.786 then R2 ~97.53; key supports S1 ~90.14 then S2 ~88.396. Pattern-based near-term probabilities lean modestly negative over a month (-2.02%), but with price near pivot/support and momentum improving, the risk/reward is acceptable for a long-term entry right now.