RFIL

RFIL remains in a clear Stage 4 downtrend with price below all key moving averages and active Post-Parabola Collapse dynamics implying a prolonged unwind. The medium-term bias is bearish, and short-term timing is neutral as price tightly tracks below sloping EMAs without clear rejection or recovery. Execution is deferred selling, targeting a bounce into the 9/20-EMA zone. Key risks include an oversold bounce or decisive reclaim above EMA levels invalidating the bearish stance.

• ↑Q2 revenue up 9% YoY to $20.7M reflects solid execution
• ↑Gross margin rose to 35.1% (+360 bps) via pricing power
• ↓Negative earnings yield indicates weak profitability versus market value