Grupo Aeroportuario del Sureste SAB de CV

In a Stage 4 declining regime with sequential lower highs and lower lows confirming structural downtrend, the medium-term bias is bearish. Short-term timing is unfavorable as price sits near 52-week lows and below downward-sloping EMAs, so execution should be deferred until rallies into EMA and resistance zones.

• ↑Operating cash flow rose 21% YoY to MXN7.3B, boosting liquidity.
• ↑Planned MXN10,000/share special dividends in Nov–Dec show capital discipline.
• ↓Total passenger traffic declined 2.7% YoY, flat at 17.7M travelers.