Aviat Networks Inc

Despite trading below the flattening 200 DMA, AVNW remains in a Stage 2 advancing regime supported by rising EMAs and a dominant Lockout Rally. The uptrend structure (higher highs/lows) and constructive volume profile favor continuation, and shallow pullbacks into the 9/21 EMA zone offer buy-on-support opportunities across this tight consolidation.

• ↑Q3 revenue of $100M, only 1.6% YoY decline signals resilience
• ↑OPEx cut to $28.3M from $30M YoY improves cost structure
• ↓Gross margins compressed to 29.3% from 34.9%, pressuring profitability