Mueller Water Products Inc

MWA remains in a Stage 4 decline enforcing a bearish medium-term bias. Price is extended above the rising 9/20/50 EMAs and encountering resistance at the 200 DMA, with overbought options conditions signaling short-term exhaustion. The tradable side stays bearish, and execution favors selling now on strength near the resistance zone.

• ↑Q2 revenue $384.4M (+5.5% YoY) beat consensus
• ↑Adjusted EBITDA $97.2M (+15% YoY), margins improved to 24.5%
• ↓Inflation and tariffs may compress gross margins