Coty Inc

CLXM is in Stage 3 distribution following a decisive support failure, signaling medium-term bearish control. Price trades below the 9/20 EMAs as well as the 50-day and 200-day SMAs, with short-term timing unfavorable. Execution targets selling into rallies toward the EMA cluster around 2.70–2.77 on rejection at resistance. A sustained reclaim and acceptance above the 9/20 EMAs and SMAs with strong volume would invalidate the bearish bias.

• ↑Q4 FY26 revenue $1.27B (+1.3% YoY) outperforms forecasts.
• ↑Free cash flow $348M (+$70M YoY) boosts financial flexibility.
• ↓Adjusted EBITDA fell 22% YoY to $93.6M on cost absorption.