Neutral/Negative Catalysts
- Technical setup is not supportive for an immediate buy: trading below pivot with bearish MACD.
- Options positioning: put-heavy open interest (2.26 OI PCR) suggests investors are still hedging/downside-protecting.
- No news-driven catalysts in the past week to justify an urgent upside re-rating.
- Pattern-based forward drift is slightly negative (next day/month probabilities skew to mild downside).