Equinix Inc

EQIX remains in a Stage 4 decline with lower highs and lower lows and price trading below declining 9EMA and 21EMA. The medium-term bias is bearish, justifying sell-side engagement now, while extreme oversold conditions may provoke transient bounces that are likely to fail at EMA resistance.

• ↑Q1 revenue $2.4B (+8% YoY) with adjusted EBITDA $1.2B (51% margin, +13% YoY).
• ↑Recurring revenue hit $2.3B (+10% YoY), bolstering cash flow predictability.
• ↓Negative earnings yield signals potential overvaluation and return shortfalls.