Impinj Inc

PI has broken its higher-high/higher-low sequence and entered Stage 3 distribution, trading below the down-sloping 9 EMA and 20 EMA with failed rallies into these levels. The active Bearish Pivot Point signals structural repair to the downside, and volume profiles confirm distributionary supply dominance. With both medium-term and short-term biases bearish, immediate sell-side engagement is warranted around current levels or on any relief rally into the falling EMA zone. A decisive reclaim above the 21 EMA and sustained acceptance into the 50 DMA zone would invalidate this bearish bias.

• ↑High earnings revisions reflect strong analyst confidence in 2025 earnings growth.
• ↑Gen2X rollout boosts product performance and drives new logistics account wins.
• ↓Negative profitability factors highlight challenges converting sales into net income.