Vishay Intertechnology Inc

VSH remains in a Stage 4 decline with a bearish medium-term bias. Price trades below declining 9 EMA, 20 EMA, and 50 SMA, forming clear lower highs and lower lows. In the short term, price is extended below EMAs and oversold, though no conclusive bottoming signal has emerged. Execution is deferred, trimming into rallies up to the declining EMAs and 50 SMA resistance zone.

• ↑Q1 revenue $839M (+17.3% YoY) exceeded guidance.
• ↑Backlog rose 21% to $1.6B; book-to-bill at 1.34.
• ↓2026 free cash flow forecast negative due to high CapEx.