Associated Banc-Corp

ASB remains in a Stage 2 advance with higher highs and higher lows, underpinned by rising EMAs within a long-term uptrend. However, an active Bullish Exhaustion candle at the July high and extreme overbought conditions signal distribution risk. Price is holding just above the 9/21 EMA support zone, so patience for a pullback into that area is advised before re-engaging.

• ↑Q1 loans +2% QoQ ($600M), C&I balances +39% ($540M)
• ↑Annualized checking households +2.2%; core deposits +4.5% YoY ($1.3B)
• ↓Negative profitability score indicates margin compression