Neutral/Negative Catalysts
- Near-term technical risk: RSI overbought and price pressed against resistance (~16.50), increasing pullback odds.
- Macro/industry: “Low-growth” demand backdrop and slow demand in Europe/Asia cited as headwinds.
- Business pressure: TiO2 pricing pressure and operational issues in Advanced Performance Materials (per prior analyst commentary).
- Legal/overhang risk: PFAS settlement uncertainty remains a key investor concern.
- High implied volatility suggests the market is bracing for meaningful moves, which can work against new long entries if price fails to break resistance.