Neutral/Negative Catalysts
- Downtrend intact: Moving averages and MACD remain bearish; rebounds can fail quickly in a declining trend.
- Event risk / biotech binary risk: Future trial readouts can reprice the stock sharply in either direction.
- Weak operating profile: Minimal revenue base and ongoing losses increase financing/dilution risk.
- No near-term news flow: “No news in recent week” reduces immediate catalyst support; price may chop or drift until the next update cycle.