Stewart Information Services Corp

STC has entered a Stage 3 distribution phase with a decisive support failure in late June, trading below all key EMAs amid increased down-volume. The medium-term bias is bearish, and short-term oversold conditions advise against aggressive selling into exhaustion. We will defer execution, looking to trim into any rally back toward broken support-turned-resistance around the 21/50 EMA zone.

• ↑Q1 revenue rose 28% YoY to $781 M; adjusted EPS $0.78 vs. $0.25
• ↑MCS acquisition boosted real estate solutions revenue by 66% YoY
• ↓Housing market softness and rising mortgage rates may curb volume