Neutral/Negative Catalysts
- Technical downtrend remains intact (bearish moving averages + weakening MACD), increasing probability of continued drawdown before any durable bottom.
- Competitive pressure in weight management (low-cost compounded GLP-1 offerings) has been significant enough to drive misses and guidance resets (per analyst commentary).
- No fresh news catalysts in the past week to trigger an immediate narrative reversal.
- Near-term statistical pattern read points to continued downside bias over 1D/1W/1M horizons.