Lennox International Inc

LII remains in a Stage 4 decline with persistent lower highs and lower lows. The medium-term bias remains bearish as Supply dominates Demand and no higher-timeframe reversal has emerged. Short-term timing is neutral with price testing prior lows and failed rallies into the 9/20 EMA zone. Execution will be a deferred trim into any rally up toward the EMA resistance band.

• ↑Q2 revenue rose 3% YoY to $1.5 B, showing segment resilience
• ↑Record segment margin of 20.4% reflects strong cost management
• ↓Poor growth momentum and cut EPS guidance signal demand weakness