NOMD

Although NOMD remains in a Stage 2 advance marked by higher highs and lows and rising short-term EMAs, the active Bullish Exhaustion pattern and extreme overbought readings suggest upside momentum is waning. Price is extended well above the 9 and 20 EMAs and RSI is flattening at the upper band, so pullbacks into these EMAs would offer more favorable entry points. The medium-term bias stays bullish under the advancing regime, while the long-term trend remains negative below the 200 DMA. In line with a defensive Free Cash Flow + Buybacks strategy, execution is deferred pending a corrective pullback to enhance asymmetric risk–reward.

• ↑Q1 2026 EPS of $0.23 beat consensus by 21.4%.
• ↑Dividend yield at 1.46% and €49 m share buybacks (+152% YoY).
• ↓Organic sales growth guidance lowered to 0–2% for 2025.