Not a good buy right now for an impatient investor: the stock is in a clear downtrend (SMA_200 > SMA_20 > SMA_5) and there are no Intellectia buy signals to justify an immediate entry.
Although RSI is deeply oversold (RSI_6 ~18), the bounce setup is not confirmed (MACD histogram is positive but contracting), so downside/whipsaw risk remains elevated.
Price is trading below the key pivot (1.419) and around/below support (S1 1.239), which suggests weak structure until it reclaims 1.239–1.419 decisively.
Trend: Bearish overall (SMA_200 > SMA_20 > SMA_5), indicating the primary trend is down.
Momentum: MACD histogram is above 0 (0.0261) but positively contracting, implying bullish momentum is fading rather than strengthening.
Overbought/oversold: RSI_6 at ~18.24 is oversold, which can spark a short-term bounce, but it’s not a standalone “buy now” signal without confirmation.
Key levels: Pivot 1.419 (major reclaim level). Support S1 1.239 and S2 1.129 (if 1.239 fails). Resistance R1 1.599 then R2 1.709.
Near-term pattern stats (similar candlesticks): modest upside bias over week/month (+0.78% next week, +1.16% next month) but not strong enough to outweigh the current bearish structure for an immediate entry.
Positive Catalysts
increases probability of a short-term relief bounce.
Neutral/Negative Catalysts
and hovering around/below S1 (1.239), signaling fragile support.
Financial Performance
Financial snapshot unavailable (data error: list index out of range), so latest quarter growth trends and the latest quarter season cannot be assessed from the provided data.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Only one analyst datapoint provided (2026-01-21 Scotiabank: lowered price target, maintained Sector Perform), which is mildly negative (target cut) and not a bullish upgrade trend.
Note: the cited analyst note references “Chorus Aviation,” which may indicate a ticker/company mismatch versus “Cheer Holding Inc (CHR)” in the prompt; as provided, Wall Street view appears neutral-to-cautious rather than bullish.
Pros (Street view): maintained rating suggests no thesis breakdown implied.
Cons (Street view): price target lowered signals reduced upside expectations in the near term.
Wall Street analysts forecast CHR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CHR is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Analyst Rating
0
Wall Street analysts forecast CHR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CHR is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Buy
Hold
Sell
0
Current: 1.150
Low
0
Averages
0
High
0
0
Current: 1.150
Low
0
Averages
0
High
0
Scotiabank
Sector Perform
downgrade
$27 -> $26
AI Analysis
2026-01-21
Reason
Scotiabank
Price Target
$27 -> $26
AI Analysis
2026-01-21
downgrade
Sector Perform
Reason
Scotiabank lowered the firm's price target on Chorus Aviation to C$26 from C$27 and keeps a Sector Perform rating on the shares.
