Astec Industries Inc

ASTE is entrenched in a Stage 4 declining phase with bearish medium- and long-term biases. The primary Support Failure pattern confirms sellers’ control, and the recent relief rally into the 20-day EMA resistance was rejected, offering a timely opportunity to sell into strength.

• ↑Revenue up 23.6% Y/Y to $408.1 M on robust demand.
• ↑Backlog increased 57.9% Y/Y to $601.1 M, indicating order strength.
• ↓Adjusted EBITDA guidance lowered to $160–175 M amid delivery delays.