Jacobs Solutions Inc

J remains in a Stage 2 advancing phase with clear higher highs and higher lows above rising 9EMA, 21EMA, and the 50DMA, reflecting strong medium-term strength. However, price is currently extended above EMAs into extreme overbought territory and nearing the 200DMA resistance, increasing distribution risk. Medium-term bias stays bullish, but execution should be deferred until a disciplined pullback into the rising EMA or 50DMA zone is absorbed.

• ↑Backlog reached $27 bn (+22% YoY), indicating robust demand.
• ↑Adjusted EPS jumped 22% to $1.75 on 9% organic revenue growth.
• ↓Profitability weak; tight margins persist despite sales growth.