TENX Should I Buy

TENX is not a good buy right now for an impatient buyer. The stock is in a bearish downswing (weak momentum, recent -6.43% regular-session drop) with no Intellectia buy signals today and no near-term news catalyst; the more compelling upside is tied to a pivotal readout expected in 2H next year, which doesn’t fit an “buy now, want it to move soon” profile.

Price/Trend: Sharp near-term weakness (regular session -6.43%; post-market ~12.51) puts price below the pivot (14.612) and near key supports (S1 12.901; S2 11.844). This is a downtrend/downswing setup until price reclaims the pivot area. Momentum: MACD histogram -0.452 and negatively expanding = bearish momentum still increasing (not yet stabilizing). RSI: RSI(6) ~27.3 = oversold/washed-out conditions, which can spark bounces, but oversold alone is not a buy signal when MACD continues to deteriorate. Moving averages: Converging MAs = transition/indecision, but current momentum favors bears. Levels: Immediate resistance is the pivot ~14.61; further resistances R1 16.32 and R2 17.38. If S1/S2 fail, downside risk grows quickly. Pattern-based odds (provided): 30% chance of about -1.39% next day, -1.34% next week, and +7.56% next month—suggesting near-term headwinds with a possible mean-reversion bounce later. 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.