Neutral/Negative Catalysts
- Primary trend remains bearish (moving averages stacked bearishly), increasing the odds that rallies fade.
- Pattern-based forward odds provided skew negative: ~50% chance of -0.49% next day, -1.35% next week, -4.71% next month.
- Latest quarter showed deterioration in profitability and margin (net loss widened YoY; gross margin down sharply), which can pressure sentiment in micro-cap biotech.
- No news catalysts in the last week to drive a strong rerating.
- No recent congress trading data available (no influential buying signal).