VRME Should I Buy

VRME is not a good buy right now for an impatient investor. The stock just sold off sharply (-10.16% on the regular session) and near-term pattern stats point to additional downside (estimated -2.25% next day, -1.61% next week, -7.5% next month). Despite bullish longer-term moving averages and supportive insider buying, the weakening momentum (negative, expanding MACD histogram) and price sitting below the key pivot ($1.276) make the risk/reward unattractive for an immediate entry. If you already own it, this is a hold/monitor near support rather than add aggressively today.

Trend/Momentum:

• Price closed at $1.16, well below the pivot ($1.276) after a steep one-day drop, implying bearish short-term control.
• MACD histogram: -0.00725 and negatively expanding -> downside momentum is strengthening.
• RSI(6): 45.24 (neutral) -> not deeply oversold yet; room for more downside before a technical bounce is forced.

Moving averages:

• Bullish stack (SMA_5 > SMA_20 > SMA_200) suggests the broader trend had been constructive, but the recent selloff is challenging that near-term strength.

Key levels:

• Support: S1 $1.139 (very close), then S2 $1.054. A clean break below ~$1.14 increases odds of a move toward ~$1.05 quickly.
• Resistance: Pivot $1.276, then R1 $1.414.

Intellectia Proprietary Trading Signals

• AI Stock Picker: no signal on given stock today.
• SwingMax: No signal on given stock recently.

Setup takeaway: Without a proprietary buy trigger and with MACD momentum worsening, the chart favors caution until price stabilizes above ~$1.28 or clearly defends ~$1.14 with improving momentum.