Reservoir Media Inc

RSVR is trading in a Stage 3 distribution, struggling below recent highs with flattening short EMAs and contracting volume. Medium-term bias is bearish, favoring sell-on-rally engagement into the EMA cluster and horizontal resistance, while short-term timing remains neutral until a clear rejection emerges. The long-term uptrend persists, supported by the rising 200 DMA, but distribution risks signal a potential transition to Stage 4.

• ↑Revenue rose 15% YoY to $175.7M in FY26, guided $186–191M for FY27.
• ↑Adjusted EBITDA climbed 12% to $73.6M, reflecting improved operational efficiency.
• ↓Total debt rose to $455.7M, fueling $21.9M in interest expense.