Tronox Holdings PLC

TROX remains in Stage 4 – Decline with a clear medium-term bearish bias reinforced by active downtrend patterns and price below all key EMAs. Short-term conditions are neutral as price is extreme oversold with exhaustion visible, indicating limited immediate downside and bounce risk. We recommend trimming into any shallow rallies into the declining 9 EMA, 20 EMA, and 50 DMA resistance zones rather than extending selling at current levels.

• ↑Significant upward earnings revisions and pricing momentum boost Q2 FCF.
• ↑Q1 TiO2 volumes hit record highs, aided by anti-dumping duties.
• ↓Adjusted EBITDA fell 45% YoY to $62M, 8.2% margin.