Ranger Energy Services Inc

RNGR remains in a Stage 4 decline with confirmed support failure and a clear LH/LL downtrend. The medium-term bias is bearish but price is currently extreme oversold and holding at the 200-DMA support cluster. Execution should be deferred until a bounce into the down-sloping 9/20/50 EMA resistance zone, then sell into rejection for optimal timing.

• ↑Q1 2026 revenue $159.1 M (+17.7% YoY) and adjusted EBITDA $23.3 M (+50% YoY)
• ↑High-spec rigs segment generated $106.2 M in Q1 on strong demand and utilization
• ↓Q1 free cash flow was negative $21.7 M due to working-capital timing issues