Pennant Group Inc

PNTG is in a Stage 3 distribution phase with a clear lower-highs/lower-lows sequence beneath declining EMAs. Medium-term bias is Bearish, reinforced by supply dominance and down-tilted momentum. Long-term uptrend remains intact, but short-term execution favors selling now into resistance at the short EMAs and 50-day SMA.

• ↑Q2 2026 revenue jumped 35.8% YoY to $298M
• ↑Full-year 2026 guidance of $1.171–$1.190B rev and $1.34–$1.41 EPS
• ↓CMS’s proposed home health rule could cut Medicare rates by 6.4%