GlobalFoundries Inc

GFS is firmly in a Stage 4 decline with confirmed support failure and bearish medium-term bias. Price is extended below declining EMAs into extreme oversold territory with exhaustion signals, making immediate selling unfavorable. We recommend trimming into strength around any relief rally back toward the declining EMAs (9/20 EMA) or prior overlap support area.

• ↑Q1 revenue $1.634 B, +3.1% YoY, led by comms & auto.
• ↑Gross margin hit 29%, +500 bps YoY, reflecting operational efficiency.
• ↓Negative earnings yield and low profitability score signal profit risks.