Aflac Inc

AFL has decisively broken into a Stage 4 decline with lower highs and lows, establishing a bearish medium-term bias reinforced by support failure. Short-term price is pulling back into the declining 9/20/50 EMA zone, offering a clear sell setup amid oversold conditions, while the long-term uptrend remains intact above the rising 200-day SMA. Execution is recommended now on rallies into the EMA resistance area.

• ↑Revenue of $4.22B vs. $4.11B estimate; adjusted EPS $1.75
• ↑Returned $1.3B via dividends and buybacks; 43rd straight dividend hike
• ↓Japan segment sales fell 5.6% YoY to ¥11B in Q2