Paccar Inc

PCAR remains in a medium-term bearish phase under a Stage 4 downtrend, with supply dominance evident through sequential lower highs and lower lows and price trading below the 9- and 20-day EMAs. Price is holding just above the rising 200-day SMA in an oversold context, warranting deferred execution by trimming into shallow rallies at down-sloping EMAs or prior resistance zones. Despite near-term weakness, the long-term uptrend is intact as price remains supported by the rising 200-day SMA.

• ↑Q2 revenue $7.5B (+24% QoQ) and net income $752M
• ↑Q3 guidance sees ~42,000 truck deliveries sustaining demand
• ↓Profitability under pressure with uncertain Q3 margins amid tariffs