TER Trading Analysis - 10/08/2026 02:27 PM — TRU-SENTIMENT

News Headlines & Context

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

• Teradyne reported strong Q2 2026 results in July, driven by AI-related semiconductor test demand, though management cautioned on consumer electronics softness.
• In September 2026, TER announced expansion of its test solutions for advanced packaging, aligning with broader AI hardware capex cycles.
• Analog and mixed-signal test segment showed order stabilization through late Q3, per industry commentary.
• No confirmed near-term earnings date in provided data; fiscal year end listed as 2025-12-01 with ex-dividend 2026-09-04 (dividend yield 0.12%).
• Context: Headlines reflect structural AI tailwind, but embedded data shows a sharp October pullback from highs, suggesting news optimism not yet reflected in price recovery.

Fundamental Analysis

Based strictly on provided FUNDAMENTALS data:

• Trailing P/E: 58.70; Trailing EPS: $7.33; Market Cap: ~$61.65B; Shares Out: 156,341,000.
• Dividend Yield: 0.12% (rate $0.52); Beta: 1.54 (elevated systemic risk).
• 52-Week Range: $131.75 – $487.91; current price $410.59 sits in upper half.
• Institutional Ownership: 73.41% — high smart-money participation.
• Historical Volatility: 66.90%; Average Volume: 2,486,000.
• Missing fields: revenue growth, margins, ROE, D/E, FCF,PEG, forward P/E, target price, analyst consensus — not available in data.
• Valuation: P/E 58.70 is rich vs typical semiconductor equipment peers; no PEG to justify growth premium. Fundamentals show high institutional base and profitability (EPS positive) but no margin trend to confirm momentum.
• Divergence: Price stalled below 50-day high ($451.86) and pulled back despite apparent AI narrative; fundamentals static while technicals weaken short-term.

Current Market Position

Current price per indicators: $410.59 (2026-10-07 close). Minute bars show 2026-10-07 open $415.18 dropping to low $404.80, close $410.59. By 2026-10-08 13:55, last bar close $394.10, indicating continued intraday decline from ~$415 to ~$394.

Recent price action: Daily history shows peak $451.86 on 2026-10-02, then lower closes: $444.24 (10-05), $427.51 (10-06), $410.59 (10-07). Clear 3-day downtrend.

Intraday momentum: Last 5 minute bars 10-08 show range $391.73–$394.66 with low volume (~20k–34k), suggesting weak bounces, no recovery conviction.

Technical Analysis

SMA alignment: Price ($410.59) > SMA 5 ($430.01 false — actually price below SMA5) | Correction: SMA 5 $430.01 > Price $410.59 > SMA 20 $389.51 > SMA 50 $380.61. SMA 5 crossed below price recently (bearish shift). SMA 20 above SMA 50 (bullish structure intact).

RSI 68.08: Near overbought, momentum fading from highs. MACD positive (16.75 > 13.40) with histogram 3.35 — bullish but narrowing vs prior weeks. Bollinger: price inside bands, mid $389.51, upper $454.80; no squeeze (wide bands). 30-day range $326.00–$451.86: price at ~41% from low, 78% from high — pulled back from upper third.

True Sentiment Analysis (Delta 40-60 Options)

Options flow (2026-10-08 14:26) methodology: Delta 40-60 only.

Call Dollar Vol: $1,125,780.00 (45.1%) Put Dollar Vol: $1,370,390.00 (54.9%) Total: $2,496,170.00

Sentiment: Balanced. Contracts: 341 calls / 436 puts. Sentiment classification: Balanced. Pure directional conviction slightly put-leaning (54.9% put $ vol) but within balanced band.

Interpretation: No aggressive directional bet; near-term expectations neutral with mild downside hedge. Divergence: Technicals show SMA20/50 bullish, but options show平衡 and minute bars declining — sentiment confirms caution, not reversal.

Key Price Levels (Observational Only)