MLAB Should I Buy

MLAB is not a good buy right now for an impatient investor. The stock is in a clear bearish trend (all key moving averages stacked bearishly and MACD weakening), and there are no Intellectia buy signals today to justify stepping in early. While the price is near support and could bounce short-term, the dominant setup still favors downside/whipsaw risk rather than a clean, high-confidence entry.

Trend/structure: Bearish. Moving averages are stacked negatively (SMA_200 > SMA_20 > SMA_5), signaling persistent downtrend. Momentum: MACD histogram at -1.029 and negatively expanding = bearish momentum is strengthening. RSI: RSI_6 at 28.07 suggests short-term oversold conditions, which can allow a reflex bounce, but oversold alone is not a reliable buy trigger in a downtrend. Levels: Price (pre-market 78.68) is just below S1 (78.935). Next support S2 is 76.115; resistance starts at Pivot 83.5 then R1 88.065. Pattern-based expectation: Similar-pattern model shows ~70% chance of -0.58% next day, but modestly positive bias over 1 week (+1.71%) and 1 month (+1.3%), implying more of a choppy base attempt than a confirmed reversal. **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.