Expeditors International of Washington Inc

EXPD is in a Stage 2 advancing phase with clear higher highs and higher lows supported by rising EMAs and strong volume. The medium- and long-term bias is bullish, but overbought conditions and price extended above the EMAs suggest timing is unfavorable now. Wait for a shallow pullback into the rising EMA zone or prior support area near the 9/20 EMAs for a more favorable entry while monitoring for any loss of short-term momentum.

• ↑Q2 revenue of $3.5B (+32% YoY) beat estimates by 21%.
• ↑Airfreight tonnage rose 14% YoY, driven by tech and AI infrastructure.
• ↓Shares trade at 26.1x trailing P/E, above industry peers.