Provident Financial Services Inc

PFS remains in a Stage 2 trending advance with intact uptrend evidenced by rising EMAs and a series of higher highs and higher lows. However, the Bullish Exhaustion signal at a marginal high and extreme overbought readings highlight short-term fatigue. We will stalk for a pullback into the rising 9EMA–20EMA zone for a lower-risk entry aligned with the prevailing trend.

• ↑Q2 net income $78M (+17% YoY); EPS $0.60
• ↑Funded $700M commercial loans in Q2; $3.2B pipeline
• ↓CRE exposure 399% of capital raises downturn vulnerability