Badger Meter Inc

BMI remains in a Stage 2 advancing regime with clear higher highs and higher lows and price holding above the rising 9, 20 EMAs and 50 DMA. However, the active Bullish Exhaustion pattern at a marginal new high and extreme overbought readings signal waning near-term momentum. Price is currently extended above the EMAs, suggesting that pullbacks into the rising EMA support zone offer the most structurally favorable entry. Recommend deferring execution and stalking for a pullback into the 9/20 EMA area.

• ↑Q1 2025 sales +13% YoY, led by cellular AMI technology adoption
• ↑Gross margin jumped to 42.9%, reflecting strong cost management
• ↓Multiple class-action suits could incur litigation costs and hurt credibility