SSL Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Not a good buy right now. Despite longer-term bullish moving averages, today’s sharp selloff and the lack of any supportive news/catalyst make the near-term risk/reward unattractive for an impatient buyer. I would wait for either a reclaim of 7.52 (R1) with momentum or a cleaner pullback toward support (6.92 pivot / ~6.32 S1) before considering entry.
Trend/Momentum: Price is 7.12 post-market after a -4.81% regular-session drop (additional -4.14% pre-market noted), which signals short-term weakness. MACD histogram is +0.0421 (still above zero) but positively contracting—momentum is fading rather than accelerating. RSI(6)=49.35 is neutral, offering no oversold bounce signal. Moving averages: SMA_5 > SMA_20 > SMA_200 remains bullish, implying the bigger-picture trend is still constructive, but today’s selloff raises the odds of a near-term mean reversion or further pullback before trend continuation. Key levels: Pivot 6.915 is the immediate line in the sand; holding above it keeps the bullish MA structure intact. Resistance sits at R1 7.515 then R2 7.885. Downside supports are S1 6.315 and S2 5.945. Pattern-based forward view: Similar-pattern stats suggest mild downside bias (-0.35% next week; -2.53% next month), which aligns with the weakening momentum signal.
Intellectia Proprietary Trading Signals
with elevated volume vs average.
Sharp single-session decline (-4.81%) suggests near-term risk-off tape for the name.
MACD momentum is fading (positive but contracting), and RSI is neutral (no oversold bounce signal).
No news in the past week—no obvious event-driven catalyst to reverse the drop.
Statistical pattern read points to mild downside drift over the next week/month.
Hedge funds and insiders show no notable recent trend (neutral), providing no supportive signaling.
Financial data not available in the provided snapshot (error returned), so the latest quarter/season growth assessment cannot be completed from this dataset.
No analyst rating or price target change data was provided, so the recent Wall Street upgrades/downgrades and pros/cons view cannot be summarized from this dataset. (Congress trading data: none reported in the last 90 days.)
