ABM Industries Inc

ABM is in Stage 2 with a clear momentum breakout marking continuation above prior resistance, but price is now extended and rejected at the highs in extreme overbought territory. While the medium-term bias remains bullish with rising EMAs and a strong HH/HL structure, short-term timing is unfavorable. We defer execution and await a pullback into the rising EMA support zone near the recent breakout for better entry.

• ↑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.