First Western Financial Inc

MYFW remains in a Stage 2 advancing regime with persistent higher highs and higher lows above rising EMAs and the 50 DMA, reinforcing a bullish medium-term bias. However, price is extended above EMAs at extreme overbought levels, with recent exhaustion candles signaling potential distribution pressure. Execution is best deferred until a pullback into the 9/21 EMA support zone or consolidation resolution to align with structural strength and volume dynamics.

• ↑Q1 net income jumped 85% QoQ to $6.2M, EPS $0.63
• ↑Loan production of $116M drove $41M QoQ loan growth
• ↓P/E premium over peers implies limited valuation room