Alamo Group Inc

ALG is in a Stage 2 momentum breakout confirmed by a strong close above horizontal resistance with volume support and rising EMAs, reinforcing a medium-term bullish structure. However, price is currently extended above the 9/20/50 EMAs and the RSI sits in extreme overbought territory, indicating short-term exhaustion risk. Execution is best deferred: stalking a pullback into the confluence of the rising 20-day EMA, 50-day SMA, and prior resistance-turned-support zone for a cleaner entry.

• ↑Q2 net sales reached $415M (+5.1% YoY) driven by strong execution
• ↑Adjusted EBITDA rose to $63.9M (14.2% margin) from 14% last year
• ↓Gross margin fell to 24.6% from 25.8%, pressuring profitability