Werner Enterprises Inc

While the medium-term structure is bullish following a Stage 2 advance and a dominant continuation pattern, the short-term is extended and overbought, prompting deferred execution until a pullback into rising EMAs. Long-term downtrend remains intact, anchoring structural caution.

• ↑Dedicated services revenue rose 18% YoY to $594 M in Q1
• ↑Q1 operating cash flow doubled YoY to $89 M; free cash flow $87 M (10.8% of revenue)
• ↓Adjusted operating margin only 1.5%, pressured by fuel and insurance costs