CDRE Should I Buy

Not a good buy right now for a beginner long-term investor who is impatient. Cadre’s fundamentals and recent contract/dividend news are constructive, but the stock’s near-term technical trend is weakening (momentum still deteriorating) and insider selling has spiked sharply, which makes buying today unattractive versus waiting for stabilization.

Price/Trend: CDRE is down -2.67% to ~$39.99 and is trading below the pivot (~42.80), indicating the stock is currently in a weaker zone. Momentum: MACD histogram is negative (-0.258) and expanding lower, signaling bearish momentum is still building (not yet a confirmed reversal). RSI: RSI(6) is ~24.24, which is effectively oversold/washed-out even if labeled “neutral” in the feed—this can produce bounces, but it’s not a buy signal by itself while MACD is worsening. Moving averages: Converging MAs suggests indecision/transition, but with price below key levels, the bias remains cautious. Levels: Immediate support is S1 ~40.28 (currently slightly below) and then S2 ~38.72. Resistance levels to reclaim are pivot ~42.80, then R1 ~45.32. Pattern-based expectation: Similar-pattern stats point to slight downside bias (-1.03% next week; -1.2% next month), supporting a “not yet” entry. **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.