United Parks & Resorts Inc

PRKS remains in a Stage 2 advance with clear higher highs and higher lows, anchoring a bullish medium-term outlook. However, price is extended above rising EMAs at a key resistance level and overbought conditions with elevated Options Score suggest near-term stress. The Free Cash Flow + Buybacks strategy favors patient entries and stability, so waiting for a shallow pullback into the 9/21/50 EMA zone before initiating exposure is warranted.

• ↑Strong earnings yield (1.12) and 0.8% dividend yield support returns.
• ↑Authorized $500M buyback; repurchased 2.6M shares for $93M.
• ↓Q1 attendance fell by 171,000 guests; revenue slid 3% to $278.3M.