Neutral/Negative Catalysts
- No near-term news catalysts in the last week; without a trigger, the prevailing downtrend can continue.
- Technicals are decisively bearish (MA stack + negative MACD expansion), increasing odds of support breaks (1.95 then 1.83).
- Options tape shows bearish flow today (put volume dominance), consistent with traders positioning for downside.
- Pattern-based forward view points to continued weakness over 1 week to 1 month.
- No notable insider buying trend recently (insiders neutral), reducing confidence in an imminent fundamental floor.