PureCycle Technologies, Inc. (PCT)

PCT presents a weak technical set-up, trading near $6.39 and sitting below its short-, medium- and long-term moving averages, which weighs on the trend, while momentum measures are soft to negative with MACD and momentum showing downside bias and RSI below neutral. ADX is low, indicating a lack of directional conviction, but volatility is relatively elevated and the ATR suggests larger percentage swings. On-balance volume is markedly negative, implying distribution. The classic pivot is close by and not providing clear support. Technical takeaway: Sell.