Silicon Laboratories Inc

SLAB is in a Stage 2 advancing uptrend with higher highs and higher lows, but recent exhaustion and bearish-engulfing signals near resistance have led to a low-volatility consolidation. While the medium-term bias remains bullish, price is extended and displaying signs of fatigue, so execution should be deferred until a pullback into the 9/21 EMA and 50-day SMA zone.

• ↑Q1’25 revenue of $178M, up 67% YoY and 7% QoQ.
• ↑Q2’25 sales at $193M, up 33% YoY and 9% sequentially.
• ↓FY24 revenue down 25% YoY due to excess inventory absorption.