Ryman Hospitality Properties Inc

RHP remains in a Stage 2 advancing trend with persistent HH/HL structure above rising EMAs. Recent sideways chop around flattening 9/21 EMAs and an overbought tag suggest short‐term timing is unfavorable. We maintain a bullish medium‐term stance supported by dynamic support from the EMA band and rising 50 DMA, but defer entry. Pullbacks into the rising EMA band or the 50 DMA offer a tactically improved entry opportunity.

• ↑Q1 2026 revenue of $300 M (+12% YoY); Adj. EBITDA $90 M (+15% YoY)
• ↑Group room nights booked up 27% YoY; corporate bookings ≈2/3 of mix
• ↓Profitability factor remains negative, hindering margin expansion