Johnson Controls International PLC

The Post-Capitulation pattern signals that forced selling is exhausted and a mean-reversion rally is early underway. Price has rebounded off the 200-day SMA with bullish EMA crossings, supporting a medium-term bullish bias toward prior resistance near $146–147.5. In the short term, execution readiness is neutral pending sustained acceptance above the 20/50-day SMA cluster. We defer entry until price closes and holds above that zone.

• ↑Q3 revenue rose 10% YoY to $5.5B; backlog jumped 30% to $21B.
• ↑Adjusted EBIT margin expanded 260 basis points to 17%.
• ↓Valuation appears stretched with negative earnings yield and weak price/book.