CGTX Should I Buy

• Not a good buy right now: momentum is bearish (MACD negative and worsening) and there are no near-term catalysts or proprietary buy signals to justify an impatient entry.
• The stock is trading near support (~$1.12) and looks oversold short-term, which could spark a bounce, but probability skew in the provided pattern set is not attractive beyond the next week (next-month expectation slightly negative).
• Analyst upside exists (Buy rating, $3 PT), but the key catalyst timeline discussed is mid-to-late 2027, which doesn’t fit an “unwilling to wait” profile.

Intellectia Proprietary Trading Signals

• AI Stock Picker: no signal on given stock today.
• SwingMax: No signal on given stock recently.

• Trend/Momentum: Bearish; MACD histogram is below zero (-0.0277) and negatively expanding, indicating downside momentum is strengthening.
• RSI (6): 24.26, which is typically consistent with short-term oversold conditions (potential for a reflex bounce), but not a confirmed trend reversal.
• Moving averages: Converging, suggesting the market is compressing, but without a bullish trigger yet.
• Key levels: Price ~$1.14 is just above S1 (1.124). A break below S1 increases risk toward S2 (1.027). To turn constructive, it needs to reclaim the pivot (1.283) and then R1 (1.442).