Carpenter Technology Corp

CRS has decisively broken horizontal support, triggering Stage 3 distribution with bearish technical patterns. Price trades below the 9 and 20 EMAs and has only a shallow bounce off the 50 SMA, offering an opportunity to sell now into any near-term rallies toward the EMAs.

• ↑Q3 operating income reached $187M (+20% sequential)
• ↑Cash from operations $193.5M, projecting ~$350M FCF in FY26
• ↓GF Value indicates ~206% overvaluation and negative earnings yield