JBT Marel Corp

JBTM remains in a Stage 4 downtrend with bearish medium- and long-term biases confirmed by a decisive support failure and a sequence of lower highs and lower lows. Price is now tightly tracking below declining 9EMA and 20EMA near broken horizontal support, reflecting a lack of demand. Short-term timing is neutral, suggesting patience for supply-dominant rallies into resistance before reestablishing bearish exposure.

• ↑Q2 orders >$1B for 3 consecutive quarters; +10% YoY in poultry
• ↑Merger synergies of $30M in order savings; $45M realized YTD
• ↓Logistics constraints and production inefficiencies dented Q2 revenue growth