NETGEAR Inc

NTGR is entrenched in a Stage 4 decline with an active support failure and confirmed lower highs/lows. The medium-term structure is decisively bearish, evidenced by downward-sloping EMAs and persistent distribution on volume. Short-term momentum continues to favor the downside with price trading below key moving averages and no sign of exhaustion despite extreme oversold readings. The recommended posture is Sell Now to capture continuation as support zones and any relief bounces are likely to be brief.

• ↑Enterprise revenue grew 7.7% YoY to $89M, accounting for over 53% of total sales
• ↑Q2 revenue of $168.6M (−1.2% YoY) with EPS of $0.16 vs. $0.01 consensus
• ↓Consumer revenue fell 9.4% YoY to $79.6M, pressuring overall profitability