Kennametal Inc

Stage 4 decline confirmed by support failure and distribution volume supports a medium-term bearish bias. Price is trading below down-sloping 9, 21, and 50 EMAs on strong sell pressure with no immediate signs of exhaustion. A near-term bounce could emerge around the rising 200 DMA support, but until structural repair is evident, rallies into the broken support zone and EMA cluster represent preferred sell-entry points.

• ↑Q3 FY26 revenue grew 22% YoY to $586M, driven by higher pricing and volumes
• ↑Adjusted EPS jumped to $0.77 from $0.47, aligning with $3.75–$4.00 FY26 guidance
• ↓Free cash flow plunged to $18M from $63M last year, straining liquidity