National Cinemedia Inc

NCMI is in Stage 2 advancing with sequential higher highs and higher lows and rising EMAs, supporting a medium-term bullish bias. However, a Bullish Exhaustion pattern at new highs, overbought RSI, and elevated Options Score signal short-term exhaustion and warrant deferred entry. The preferred execution is on a pullback into the rising 9/21 EMA zone within the breakout area. The long-term downtrend remains intact until the 200 DMA is reclaimed, so focus remains on tactical timing rather than a full regime shift.

• ↑Q2 2026 revenue grew 12.7% YoY to $58.4 M, driven by robust ad demand
• ↑Adjusted EBITDA surged 200% YoY to $2.1 M, reflecting operational discipline
• ↓Q1 2026 adjusted EBITDA loss of $10.5 M highlights ongoing profitability drag