Columbus McKinnon Corp

CMCO is exhibiting a clear downtrend with sequential lower highs and lower lows beneath declining EMAs, aligning with a Stage 4 decline. Both medium- and long-term biases are bearish, and despite neutral short-term conditions, the path of least resistance remains downward. Execution should be deferred until rallies into the EMA cluster and prior support turned resistance zone, where rejection signals can be used to trim positions.

• ↑125% YoY net sales growth to $531.5M driven by Keto Crosby.
• ↑Backlog rose 120% YoY to $568.1M, boosting revenue visibility.
• ↓Q4 net loss $238M from inventory step-up amortization and integration charges.