Hain Celestial Group Inc

Given the clear Stage 4 decline supported by lower highs/lows and downward-sloping EMAs, we maintain a medium-term bearish stance. A recent oversold bounce below EMAs suggests price is extended but not indicative of structural reversal. Under a speculative mandate, we defer selling until a decisive rally toward resistance offers a higher-probability entry to trim positions.

• ↑Divested North American snacks unit, slashing total debt by $155M
• ↑Free cash flow turned positive at $35M, versus a $2M outflow last year
• ↓Organic net sales declined 13% YoY to $338M, reflecting top-line weakness