Should You Buy SelectQuote Inc (SLQT) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/30
SLQT is not a good buy right now. The trend is clearly bearish (downtrend moving averages + negative MACD momentum), near-term pattern stats skew negative over the next week/month, and there are no Intellectia buy signals to justify jumping in immediately. With earnings coming pre-market on 2026-02-05, the cleanest read for an impatient buyer is to avoid/stand aside rather than chase a weak tape into an event.
Technical Analysis
**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.
**Trend / Momentum**: Bearish. SMA_200 > SMA_20 > SMA_5 confirms a sustained downtrend. MACD histogram is negative (-0.0151) and expanding lower, implying downside momentum is strengthening.
**RSI**: RSI_6 = 33.8 (weak/near-oversold). This can produce bounces, but it is not a reversal signal by itself while trend and MACD remain bearish.
**Key levels**: Price 1.43 is sitting right on S1 (1.437). A clean break below increases risk of testing S2 (1.362). Upside recovery would first need to reclaim the pivot (1.557), then R1 (1.677).
**Quant pattern outlook provided**: 80% chance of +0.79% next day (small bounce risk), but -1.07% next week and -8.34% next month—skewing the risk/reward against buying now.