Adeia Inc

ADEA remains in a confirmed Stage 4 decline, trading below declining 9/21/50 EMAs with persistent lower highs and lower lows. The Momentum + EPS strategy favors selling into rallies at dynamic resistance, but given the current extreme oversold extension, execution should be deferred until price retraces into the EMA cluster and shows clear rejection.

• ↑Q1 2026 revenue $105M with adjusted EBITDA margin of 60%
• ↑Generated $58M operating cash flow and paid down $28.1M debt
• ↓2026 revenue projected to decline 7.8%, earnings down 28%