Neutral/Negative Catalysts
- Technical overhang: Bearish MA structure suggests rallies can face supply until trend flips.
- Policy risk overhang: Medicaid funding cut concerns noted by BMO as a reason to stay cautious (headline-driven risk).
- No near-term news support: No positive catalyst in the past week to spark momentum.
- Ownership flows: Hedge funds and insiders flagged as neutral (no strong “smart money” follow-through signal).