VGNT

VGNT is exhibiting a Stage 3 distribution pattern with price trading below declining EMAs and SMA50. Medium‐term bias is bearish, reinforced by broken rally structure and volume spikes on down‐days. Short‐term price is rejecting at moving‐average resistance, favoring immediate sell execution. Long‐term trend is also down, reinforcing a bearish posture.

• ↑Q2 net sales rose 11% YoY to $2.4B; adjusted EBITDA up 25% to $272M.
• ↑Secured $2.8B in new bookings, launched 39 programs with >99% on-time delivery.
• ↓Softer demand in China and select regions may dent top-line growth.