FOLD

FOLD is currently in a 'Merger Arbitrage' regime following BioMarin's (BMRN) December 2025 agreement to acquire the company for $14.50 per share in cash. The 'Quiet Storm' and 'Perfect Stack' signals are technical artifacts of the stock being pegged to this deal price, resulting in artificially compressed volatility (3.6% annualized). While the technicals suggest a breakout, the upside is structurally capped at the $14.50 acquisition price, leaving a ~1.4% arbitrage spread as the primary trade.