Veeco Instruments Inc

VECO remains in a clear medium-term downtrend under Stage 4, with price trading below the declining EMAs and forming lower highs and lows. RSI is oversold yet lacks a clean bounce or reversal signal. There is no compelling entry for bearish execution until price rejects into the 9/20 EMA zone or breaks and holds below the 200 DMA. We defer and look for a more defined reaction at key resistance or support for downside engagement.

• ↑Q2 revenue $193M (+16% YoY) with non-GAAP EPS $0.33 vs. $0.28 est.
• ↑Full-year 2026 revenue guidance upped to $780M–$810M; secured $200M in 2027 advanced packaging orders.
• ↓Negative earnings yield despite top-line growth signals valuation risk.