Teradata Corp

TDC is entrenched in a Stage 3 distribution phase with confirmed lower highs and lower lows and an active Bearish Pivot Point signaling failed upside control. The medium-term bias is bearish, but price is currently trading below declining EMAs and in oversold territory, making immediate sell execution unattractive. Given the defensive Free Cash Flow + Buybacks strategy, execution should be deferred to rallies into key moving averages rather than sold at current extended levels. Key risks include a potential oversold bounce into EMAs that could trap aggressive sellers.

• ↑Q1 total revenue rose 6% YoY to $444M.
• ↑Recurring revenue climbed 12% YoY to $400M.
• ↓Q2 recurring revenue guidance implies -2% to flat YoY.