FELE Should I Buy

FELE is not a good buy right now for a beginner long-term investor who doesn’t want to wait for a better entry. Momentum has weakened (bearish MACD expansion, price below the ~99 pivot), options positioning leans defensive (high put/call open interest), and the latest reported quarter showed a sharp YoY drop in net income/EPS despite revenue growth. I would HOLD off on buying now and reassess after the 2026-02-17 pre-market earnings report or if price stabilizes above ~99–102.

Price/Trend: FELE closed at 98.17 (-1.73%), below the pivot (99.02), signaling near-term weakness. Moving averages remain structurally bullish (SMA_5 > SMA_20 > SMA_200), which supports the longer-term uptrend, but short-term momentum is deteriorating. Momentum: MACD histogram is -0.209 and negatively expanding (bearish acceleration). RSI(6) at ~38 is weak (not deeply oversold), suggesting downside pressure can persist. Key levels: Support S1 ~96.20 then S2 ~94.46. Resistance R1 ~101.84 then R2 ~103.58. With the stock below pivot, a bounce that fails near ~99–102 would still be consistent with a short-term downtrend. Pattern-based odds: Similar candlestick pattern suggests modest downside bias (-3.3% next week, -2.12% next month). 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 today.