PUBM Should I Buy

PUBM is not a good buy right now for an impatient investor. The stock is in a clear downtrend (bearish moving-average stack, price below key pivot), there is no Intellectia buy signal to override the technical weakness, and insider selling has accelerated. While options positioning and analyst targets skew bullish, the current tape is still bearish and doesn’t justify an immediate entry without a confirmed reversal.

Trend is bearish. Moving averages are stacked negatively (SMA_200 > SMA_20 > SMA_5), signaling persistent downside momentum. MACD histogram is below zero (-0.0428) and only “negatively contracting,” which suggests selling pressure may be easing but has not flipped to a bullish regime. RSI_6 is ~25, indicating the stock is oversold/washed out short-term, which can allow bounces, but oversold alone is not a durable buy trigger in a strong downtrend. Price (7.30) is below the pivot (7.651), keeping bias bearish. Key levels: immediate support S2 ~7.237 (break risks fresh lows); resistance starts at S1/Pivot zone ~7.395–7.651, then R1 ~7.907. A higher-probability bullish turn would require reclaiming the pivot and holding above ~7.65. Intellectia Proprietary Trading Signals: **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.