Not a good buy right now for an impatient trader: momentum is still bearish (MACD histogram negative and expanding), suggesting downside pressure can continue before any durable bounce.
Oversold conditions (RSI_6 ~13.4) increase the odds of a short-term bounce, but there is no confirmation signal and price is trading below the S1 support (7.432) and below the pivot (7.852).
With no fresh news catalysts, no notable hedge fund/insider accumulation trends, and no financial snapshot available here, the setup lacks a clear trigger; best stance is HOLD rather than buy immediately.
Technical Analysis
Price: 7.34 (-4.58% today) in a weak tape (S&P 500 -0.95%).
RSI: RSI_6 at 13.444 = deeply oversold (bounce potential, but not a trend reversal by itself).
Moving averages: Converging MAs = indecision/transition, but current momentum still points down.
Key levels:
Resistance: Pivot 7.852, then R1 8.271, R2 8.53.
Support: S1 7.432 (already below), then S2 7.173 (next major nearby support).
Pattern-based projection (similar candlesticks): indicates upside probabilities of ~+1.78% (1 day), +3.47% (1 week), +9.86% (1 month), but this conflicts with currently worsening MACD momentum—needs confirmation to act on.
Positive Catalysts
may attract dip buyers/mean-reversion traders.
Neutral/Negative Catalysts
and below pivot (7.852), keeping the technical posture bearish.
Financial Performance
Financial snapshot unavailable (data error: "list index out of range"), so latest quarter/season growth trends cannot be assessed from the provided data.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
No analyst rating or price target change data provided, so the recent trend in Wall Street upgrades/downgrades cannot be determined.
Wall Street pro/con view cannot be reliably summarized from the provided dataset.
Wall Street analysts forecast MLCI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MLCI is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Analyst Rating
0
Wall Street analysts forecast MLCI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MLCI is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
