Badger Meter Inc

BMI appears to be in a Stage 4 bottoming phase after a sustained downtrend, with a Bearish Exhaustion pattern signaling fading seller control. Medium-term bias shifts bullish on potential reversal, but short-term timing remains neutral as price trades below EMAs near prior support. A deferred entry into the support zone is advised, awaiting clear acceptance and bounce confirmation.

• ↑Quarterly dividend up 10%, extending 34-year growth streak
• ↑Sales reached $222.3M in Q2, up 9% QOQ on AMI ramp
• ↓Sales declined 7% YoY to $222.3M despite QOQ improvement