MongoDB Inc

MDB is in a Stage 4 decline with confirmed support failure and a lower-high/lower-low sequence. Price is trading below falling EMAs and the 50/200 DMAs, and short-term rallies are consistently rejected at the 9/21 EMA zone. Medium-term bias is bearish, so execution favors immediate sell-side participation on any bounce. The long-term uptrend remains intact but is secondary to the prevailing downside momentum.

• ↑Q1 revenue $688M (+25% YoY); Atlas up 29.4%, now 75% of total sales
• ↑Customer count 67,700 (+19% YoY) with 2,500 net adds in Q1
• ↓High leverage exposes balance sheet to rate hikes and financial strain