Diodes Inc

DIOD remains under the 50-day SMA within a Stage 4 corrective regime and an active Lower Highs & Lower Lows pattern, signaling supply dominance. The recent rally above the 9- and 20-day EMAs is extended and lacks momentum conviction, while RSI sits neutral. Short-term timing is unfavorable for bullish participation, favoring sell execution into resistance near the 50-day SMA around the mid-90s. A sustained close above this level would invalidate the bearish posture.

• ↑Q2 2026 revenue grew 22% YoY to $445.5M; Q3 guided ~$510M (30% YoY)
• ↑ElevATE deal to contribute ~$50M first-year revenue, boosting ATE exposure
• ↓Profitability remains weak, undermining sustainable return generation