Clear Secure Inc

The stock is in an early Stage 1 consolidation with flattened short-term EMAs and contracting volatility within a defined base. The long-term uptrend remains intact, and medium-term bias is cautiously bullish, but short-term timing lacks a clear edge. We will wait for a pullback into the 9/21 EMA zone or the base’s lower boundary before engaging.

• ↑Q1 revenue of $253 M (+19.7% YoY) with bookings of $291.7 M (+40.8%).
• ↑Active Clear Plus members 8.2 M (+13%), driven by eGate and Concierge rollouts.
• ↓Negative book-to-price and slight negative dividend yield imply overvaluation risk.