eBay Inc

EBAY is entrenched in a Stage 4 decline with active lower highs and lower lows since the early-June peak. Medium-term bias is firmly bearish, reinforced by the active Bearish Pivot Point pattern and sustained underperformance below the short-term EMAs. On the short term, price is rejecting the 9/21 EMA zone with no oversold exhaustion visible, favoring immediate downside participation. The recommended posture is to Sell Now on the ongoing breakdown, while noting that the rising 50 DMA below may offer transient support.

• ↑Q1 2026 GMV reached $22B (+14% YoY), led by collectibles
• ↑Q1 revenue hit $3.09B (+17% YoY) and non-GAAP EPS $1.66 (+21%)
• ↓Negative earnings yield and low book-to-price imply high valuation