ABM Industries Inc

ABM formed a blow-off top reversal near its 52-week high, marking the terminal phase of its uptrend with unsustainable buying pressure. The pattern signals a shift to a medium-term bearish posture despite the intact long-term uptrend. Execution advises selling at the recent resistance cluster just below the peak and monitoring pullbacks into rising short-term EMAs for signs of stabilization. A sustained close above the blow-off high would invalidate the bearish medium-term bias.

• ↑Q2 revenue up 8.4% to $2.3B, driven by 6.1% organic growth
• ↑WGN Star acquisition enhances semiconductor segment, targeting double-digit service growth
• ↓Exit of large UK client shaved ~300bps off B&I growth in H2