ESCO Technologies Inc

Price is entrenched in a Stage 4 decline, with active Support Failure and a clear sequence of lower highs and lower lows reinforcing sustained seller control. Medium-term bias is firmly bearish, permitting only sell-side engagement. In the short-term, EMAs are declining and price has decisively broken below key support, creating a favorable timing window to participate in the downward continuation through the broken support zone.

• ↑Q2 orders surged 42%, driving backlog to $932 M.
• ↑Adjusted EBIT margin expanded to 21.7%, EPS jumped 63% to $1.91.
• ↓Earnings yield is negative, raising valuation concerns.