RGTI Should I Buy

RGTI is not a good buy right now. The stock is in a sharp short-term downmove (down ~6% today) with bearish momentum (MACD histogram negative and expanding) and it has already broken below the first support (S1 ~19.52) toward S2 (~17.63). While RSI-6 at ~19.6 signals oversold and a bounce is possible, options positioning is skewed bearish (put/call > 1 on both open interest and volume), and fundamentals remain weak (declining revenue, collapsing gross margin, very large losses). With no Intellectia buy signals today and the user being unwilling to wait for a cleaner entry, the higher-probability decision is to avoid/exit rather than buy into a falling move.

Trend/Momentum: Bearish near-term trend. MACD histogram is -0.493 and negatively expanding, consistent with accelerating downside momentum. RSI_6 at 19.642 is deeply oversold, which raises the odds of a short-term relief bounce but does not reverse the broader downtrend by itself. Levels: Current price ~18.65 is below S1 (19.518) and above S2 (17.628), implying the stock is trading in a weak zone; resistance starts at the pivot ~22.576 then R1 ~25.635. MAs: Converging moving averages suggest a transition phase, but with current price weakness, the convergence is not yet a bullish reversal signal. Pattern-based stat (provided): 60% chance of -0.31% next day, +1.03% next week, +9.31% next month—near-term choppy/weak with a possible rebound over longer horizons. 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.