CG Should I Buy

CG is not a good buy right now for a beginner long-term investor who wants to put money to work immediately. The chart is still in a bearish phase (negative/expanding MACD) and insiders have been aggressively selling recently, while the latest reported quarter (2025/Q3) showed steep YoY declines in revenue and earnings. Even though options positioning leans bullish and analysts have nudged targets higher, the overall Wall Street stance is still mostly neutral (Equal Weight / In Line). Net: avoid starting a new full-sized position today; at most, only a small starter position makes sense if you insist on buying now.

Price/levels: CG at 60.24 is below the pivot (63.31) and sitting near first support (S1 ~60.49); a break lower points to S2 ~58.75. Overhead resistance is clustered at ~63.31 then ~66.14. Momentum: MACD histogram is -0.754 and negatively expanding, confirming bearish momentum is still building. RSI: RSI(6) ~29 is near oversold, which can support a short-term bounce, but oversold alone is not a trend reversal signal. Trend: moving averages are converging (transition zone), but with MACD worsening and price below pivot, trend bias remains down/weak. Near-term pattern read: similar-pattern stats imply ~60% chance of a slightly negative next day (-0.21%), but modest upside potential over 1 week (+1.01%) and 1 month (+2.9%). 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.