Teledyne Technologies Inc

TDY exhibits a Bearish Exhaustion at 200-day SMA support, signaling a potential medium-term relief bounce within its broader uptrend. RSI and options are extreme oversold, indicating selling exhaustion. While EMAs remain down-sloping, the medium-term bias is bullish for a bounce, and the long-term uptrend remains intact. Execution is deferred into the rising 20- to 50-day EMA zone to seek pullback acceptance before buying.

• ↑Reported Q2 net sales of $1.66B (+9.8% YoY) and non-GAAP earnings up 20.8%
• ↑Maintains $5B funded backlog with book-to-bill of 1.23 and orders +20%
• ↓Earnings yield and profitability metrics negative, indicating weak margin sustainability