OSI Systems Inc

Stage 4 downtrend with a Bearish Pivot Point confirming structural repair to the downside. Price remains below downward-sloping 9EMA, 20EMA, 50SMA, and 200SMA, carving lower highs and lows. Short-term momentum is neutral, and failure to reclaim resistance at the EMA cluster and 50-day SMA suggests further downside. Rallies into these areas should be sold.

• ↑Secured $200M IDIQ contract with CBP, driving border security orders
• ↑Record backlog at $1.9B and 1.3 book-to-bill ratio
• ↓Profitability factor weak; Q3 gross margin compressed to 33%