Accel Entertainment Inc

ACEL remains in a Stage 4 decline with a decisive support failure pattern and bearish pivot point confirming supply dominance. Medium-term bias is bearish, and short-term conditions show price extended below declining EMAs in an oversold context. Execution is deferred until a relief bounce into the EMA cluster, where resistance can be used to sell into strength.

• ↑Q2 revenue grew 10% YoY to $368M; net income rose $7M→$13M
• ↑Diluted EPS jumped from $0.08 to $0.15 YoY; FY26 EPS now $0.66
• ↓Illinois saw modest location and terminal count declines, endangering core revenue