Custom Truck One Source Inc

CTOS is in Stage 3 distribution with price below its short-term EMAs and active bearish patterns signaling demand failure. Medium-term bias remains bearish, and short-term conditions show price rejecting the 9 and 20 EMA resistance. We recommend Sell Now into the current resistance area around the 9 and 20 EMAs.

• ↑Q1 revenue reached $462M (+9% YoY), driven by utility T&D demand.
• ↑Adjusted EBITDA rose 33% YoY to $98M, improving operating efficiency.
• ↓Net leverage at just over 4x, raising debt service risk.