Orion SA

OEC is in a Stage 2 advancing regime with clear higher highs and higher lows, anchoring a Bullish medium-term bias. Short-term price action is tracking above rising 9 and 21 EMAs, presenting a favorable Buy Now opportunity. We will engage on pullbacks into the dynamic EMA support zone for continuation, while monitoring resistance at the declining 200-day MA and elevated Options Score for potential overextension.

• ↑Q1 adj. EBITDA $46M topped estimates; lifted FY EBITDA guide by $10M to $170–210M.
• ↑Specialty segment adj. EBITDA rose 7% in Q1, driven by improved plant reliability.
• ↓Rubber segment adj. EBITDA plunged 53% YoY due to pricing and mix headwinds.