EverQuote Inc

Following a strong momentum breakout in early May, price gapped higher into extreme overbought and is now extended above the rising 9- and 20-EMAs. Medium-term bias remains bullish in Stage 2 on persistent HH/HL structure, rising EMAs, and supportive volume. However, short-term execution readiness is neutral due to extreme overbought conditions and extension, suggesting waiting for a pullback into the 9-/20-EMA zone before entering. Stalk for a better entry.

• ↑Q1 revenue 83% YoY increase to $166.6M, driven by auto insurance demand
• ↑Q1 adjusted EBITDA $22.5M, up 199% YoY, highlighting strong operational leverage
• ↓Intensifying ad competition from carriers with larger marketing budgets