Radian Group Inc

RDN is in a Stage 2 advancing uptrend supported by a confirmed momentum breakout, but price is now extreme overbought and extended well above rising EMAs. While the medium-term bias remains bullish, immediate entry is unfavorable. We defer execution until a healthier pullback into the 9/21 EMA region and prior resistance support zone to improve risk/reward.

• ↑Q1 net income $129M (EPS $0.93), ROE 14.7% after acquisition.
• ↑Intego acquisition ($1.7B) doubles revenue base; adds ~200 bp ROE, expands market 12×.
• ↓Profitability metrics weak; revenue-to-profit conversion under pressure.