ABM Industries Inc

ABM remains in a Stage 2 advancing regime but has registered a blow-off top at the mid-July highs, rejecting resistance in overbought territory. While the medium-term bias stays bullish with rising EMAs and HH/HL structure, short-term timing is unfavorable given the rejection at key resistance and extreme OB readings. We defer execution and await a pullback into the rising EMA support zone near the recent breakout area before initiating.

• ↑Q2 revenue rose 8.4% YoY to $2.3B on 6.1% organic growth.
• ↑Recorded $1.2B in new sales bookings for H1 FY2026.
• ↓Operating margin compressed to 7.6% from 8.2% last year.