Air Products and Chemicals Inc

APD remains in a Stage 2 advancing regime within an uptrend. The medium-term bias is Bullish, but price is consolidating around overhead 9/21 EMAs and the rising 50 DMA without clear acceptance. Short-term timing is Neutral, so favor stalking pullbacks into the rising 50 DMA support zone for higher-probability entry.

• ↑Q2 revenue $3.2B (+9% YoY); operating margin 23.7% (+200 bps)
• ↑GAAP EPS $3.19 (+19% YoY); full-year adjusted EPS guide $13.00–13.25
• ↓~4% EPS headwind from sustained helium pricing weakness