Red Violet Inc

The stock remains in a Stage 2 advance with clear higher highs and higher lows above rising EMAs. A recent Bullish Exhaustion signal at the peak suggests a short-term pause or pullback. Medium-term bias stays bullish, but timing favors waiting for the pullback to be absorbed. Execution is best approached by stalking pullbacks into the rising EMAs while monitoring for support and confirmation before entering.

• ↑Q1 revenue of $25.8M (+17% YoY; >20% ex-one-offs).
• ↑Adjusted gross margin expanded to 85%, up 20% YoY.
• ↓Negative earnings yield and dividend yield raise return concerns.