Nature's Sunshine Products Inc

Personal Care Products remains in a clear Stage 4 decline with a support failure signaling accelerating downside. Medium-term bias is bearish, and while the long-term trend is still up, the current momentum and lack of mean-reversion eligibility disallow fresh buys. With price deeply extended below EMAs and in oversold territory, we will Trim into any relief rallies rather than aggressively sell into exhaustion.

• ↑Q1 net sales of $122.9M (+9% YoY) and EBITDA of $14.6M (+33% YoY)
• ↑Digital sales jumped 42% in Q1; new digital customers rose 60%
• ↓Inflationary pressures and Iran tensions may dampen consumer spending