Arm Holdings PLC

ARM remains in a Stage 4 decline with medium-term bearish structure confirmed by lower highs and lower lows. Price trades below declining 9EMA, 21EMA, and 50DMA, with rallies rejected at dynamic resistance levels. Oversold conditions are evident but show no clear exhaustion, supporting further downside. Execution should target selling into rallies near the declining EMAs and prior support-turned-resistance zones, while the long-term uptrend above the 200DMA remains intact.

• ↑Q4 FY2026 revenue reached $1.49B (+20% YoY); FY26 total $4.92B (+23%).
• ↑Strong operating margin of ~49% and non-GAAP EPS of $0.60 reflect solid profitability.
• ↓Forward P/E of ~154 suggests the stock is significantly overvalued.