Neutral/Negative Catalysts
- No news in the recent week → no obvious near-term event-driven catalyst to reverse the current downtrend.
- Momentum/price trend is bearish (negative and expanding MACD; trading below support/pivot).
- Similar-pattern projection suggests limited upside near-term and slight negative bias over a month (next day +1.94%, next week +2.21%, next month -0.99% expected move in the provided model).
- Financial profile remains loss-making with no revenue base (typical for clinical-stage biotech), which can weigh on sentiment without fresh catalysts.
- Influential/political activity: no recent congress trading data available (no supportive signal from that channel).
