Tetra Technologies Inc

TTI remains in a clear Stage 4 decline after a decisive support failure and formation of lower highs and lows. The medium-term tradable side is bearish, but short-term price is deeply oversold and bouncing off the 200DMA, making immediate selling unfavorable. We will defer bearish execution, looking for rallies into the declining EMAs for optimal entry points.

• ↑Q1 2026 revenue hit $156 million, adjusted EBITDA $26 million.
• ↑Free cash flow of $37.4 million in Q2 2025 fuels reinvestment.
• ↓Negative profitability metrics and weak book‐to‐price ratios pressure margins.