TriNet Group Inc

TNET has shifted into a Stage 3 distribution phase, marked by a bearish pivot point indicating failed upside control and the start of structural repair lower. While the long-term uptrend remains above the rising 200-day SMA, medium-term bias is bearish, and short-term timing is neutral—favoring deferred bearish entries on rallies into the 67.30–67.65 resistance zone.

• ↑Q2 EPS rose 25% YoY to reflect disciplined repricing and expense management
• ↑Full-year guide raised to $4.75–$4.9 B revenue and $4.50–$5.10 EPS
• ↓Q2 revenue $1.2 B, down 5% YoY driven by 12% drop in worksite employee volume