TTM Technologies Inc

TTMI remains entrenched in a Stage 4 decline, trading below its declining 9/21/50 EMAs. Active patterns including Lower Highs & Lower Lows, Support Failure, and Post-Parabola Collapse confirm ongoing distribution and a full unwind of speculative excess. Medium-term bias is bearish, while the long-term uptrend on the 200 DMA persists. Execution should be deferred, selling into failed rallies back toward the 9/21 EMA zone.

• ↑Q1 revenue of $846M (+30.4% YoY) and non-GAAP EPS $0.75, above guidance.
• ↑$1.6B backlog supports projected 38% revenue growth for 2026.
• ↓Shares are ~353% overvalued relative to intrinsic GF Value™.