Johnson Controls International PLC

JCI is in a confirmed Stage 4 decline with a clear LH/LL breakdown and an active Support Failure pattern. The medium-term bias is bearish, with price trading below declining 9/21 EMAs and underperforming. Short-term dynamics show repeated rejection at the EMA resistance cluster and neutral OB/OS context. Sell now into rallies up to the 9/21 EMA cluster, engaging via rejection participation as distribution pressures persist.

• ↑Q2 orders rose 30% and revenue grew 6% YoY, driven by data centers
• ↑Backlog jumped 26% to $20B, securing revenue visibility over next year
• ↓Negative earnings yield implies overvaluation versus intrinsic value