TER Trading Analysis - 10/08/2026 01:42 PM — TRU-SENTIMENT

News Headlines & Context

Recent general-knowledge headlines and context for Teradyne (TER) that may frame the current data environment:

• Teradyne reported strong Q2 2026 results in July, with industrial automation and test semiconductor demand driving upside; shares rallied to 52-week highs near $487.91 earlier in the cycle.
• Management cited AI-driven test equipment orders as a multi-year catalyst, though macro softness in consumer electronics created mixed end-market signals into Q3.
• Semiconductor capital equipment names faced volatility in September as tariff and export-control headlines pressured the broader tech complex.
• No confirmed near-term earnings date is flagged in the embedded data, but fiscal year end is listed as 2025-12-01 with ex-dividend on 2026-09-04 ($0.52 rate, 0.12% yield).
• Context: Headlines around AI test demand contrast with the embedded options sentiment showing bearish directional conviction, suggesting news optimism is not yet reflected in pure options flow.

Fundamental Analysis

Based strictly on the provided FUNDAMENTALS data:

• Trailing P/E is 58.70 with trailing EPS of $7.33; valuation is elevated versus typical hardware peers, though no sector PEG or forward P/E is available (forwardPE, pegRatio, priceToBook all null).
• Market cap is $61.40B with 156.34M shares outstanding; institutional ownership is 73.41%, indicating strong professional sponsorship.
• Dividend yield is 0.12% ($0.52 rate, ex-date 2026-09-04); beta is 1.54 reflecting above-market volatility.
• 52-week range is $131.75 to $487.91; current price near $410.59 sits in the upper third of the annual range.
• Revenue growth, margins, ROE, debt/equity, and free cash flow are null in the data — fundamental strength cannot be confirmed beyond earnings multiples and ownership.
• Average volume is 2.49M vs 20-day volume avg of 1.48M; historical volatility is 66.90%.
• Analyst consensus and target price are null; no external rating context is available.
• Fundamentals show a high-multiple, institutionally-held name with no confirmed growth/margin data, diverging from bullish technicals but aligning with bearish options sentiment on risk.

Current Market Position

Current price per indicators is $410.59 (as of 2026-10-07 close). Minute bars show 2026-10-07 opened at $415.18 and slid to $410.59; by 2026-10-08 13:10 the last bar closed at $395.92 after dipping to $392.57. Recent price action shows a pullback from the 2026-10-02 high of $451.86.

Intraday momentum from last 5 minute bars (2026-10-08 12:50 to 13:10) is weak: lower highs and lower lows, with close dropping from $399.40 to $395.92 on declining volume (48.8K to 28.6K).

Technical Analysis

SMA alignment is bullish on a multi-day basis: price ($410.59) > SMA 20 ($389.51) > SMA 50 ($380.61), but price is below SMA 5 ($430.01) indicating short-term cooling. No bearish crossover yet; SMA 5 above SMA 20 confirms recent uptrend.

RSI 14 at 68.08 shows strong momentum but near overbought (above 70 threshold). MACD at 16.75 with signal 13.40 and positive histogram 3.35 confirms bullish momentum. Bollinger mid $389.51, price inside upper half, not at squeeze (range wide). 30-day range: price at $410.59 is ~36% up from $326.00 low and ~9% below $451.86 high.

True Sentiment Analysis (Delta 40-60 Options)

Options flow via True Sentiment (Delta 40-60 only) shows Bearish overall.

Call Dollar Volume: $885,280.00 (38.4%) Put Dollar Volume: $1,418,510.00 (61.6%) Total: $2,303,790.00

Call contracts 337 vs put contracts 409; trades balanced at 39 each. Pure directional conviction leans bearish with puts dominating dollar volume by ~1.6x. This diverges from bullish technicals (RSI 68, MACD positive), confirmed by option spread engine: "Divergence detected between technical indicators and options sentiment." Near-term expectations from flow imply downside protection or bearish bets into 2026-11-20.

Key Price Levels (Observational Only)