Strattec Security Corp

Medium-term structure is bearish under Stage 4 decline with lower highs/lows and no mean-reversion eligibility, so the tradable side is down. Short-term execution lacks clear rejection but shows an oversold bounce, suggesting deferring entry. Execution should focus on resistance around the 9/21/50 EMA zone and look for rejection signals to sell. The long-term uptrend remains intact, providing structural support and helping define risk. Overall, we hold a bearish bias in the intermediate horizon but patiently stalk for resistance to confirm execution.

• ↑Q3 operating cash flow of $11.4M and $107M cash cushion underpins strategic initiatives.
• ↑Gross margin improved 560bps YoY to 16.5% after cost restructuring.
• ↓Q4 revenue outlook down 3–4% YoY amid EV program cancellations and weaker OEM volumes.