Impinj Inc

PI has broken below its horizontal support in a Stage 4 decline, trading under the declining 9EMA and 20EMA with failed rally attempts. The active Support Failure pattern confirms sellers are in control and buyers can no longer absorb supply. With both medium-term and short-term biases bearish, immediate sell-side engagement on rallies into the EMA zone is warranted. A decisive reclaim and acceptance above the EMAs 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.