Perella Weinberg Partners

PWP remains in a Stage 4 decline with a series of lower highs and lower lows, reinforcing a bearish medium-term posture. Price has rallied into the declining 9-/21-EMA zone, offering a structurally appropriate resistance area for execution. The active Bearish Pivot Point pattern indicates failure of upside control and entry into mean reversion. Short-term timing favors a Sell Now into the EMA resistance, with the primary risk being a decisive break and acceptance above the EMA band and mid-July consolidation highs, which would invalidate the bearish thesis.

• ↑Backlog at two-year quarterly high despite $149m revenue (-30% YoY), signaling recovery potential.
• ↑Gleacher Shacklock acquisition expands UK advisory scale, enhancing market presence.
• ↓Q1 revenue fell 30% YoY to $149m and missed EPS estimates, eroding investor confidence.