Neutral/Negative Catalysts
- Short-term momentum deterioration: MACD histogram is negative and worsening, aligning with the sharp regular-session selloff.
- Overhead resistance is close: Pivot 19.054 and R1 20.08 may cap rebounds until momentum improves.
- Profitability quality mix: Latest provided quarter shows gross margin down YoY, which can temper upside if this persists in upcoming results.
- No supportive “smart money” trend signal: Hedge funds and insiders are reported Neutral (no strong recent accumulation signal).