Theme · Space Bucket A · Tier A Conviction · LOW

Filtronic plc (LSE)

NASDAQ:FTC

Structural picks-and-shovel position in the AI Semis supply chain. Tier A conviction with research from Space.

Today's technical signal Scan · 24 May · multi-region close
Exit Warn
RSI 1456.4
MACD Hist-0.70
Vol Ratio
2×ATR Stop
EMA Cloud
$379.00 -6.42% Last scan 24 May
Two-Layer Verdict
Structural
BUY · structural picks-and-shovel position in the AI / Physical AI supply chain.
Tactical
EXIT WARN.
Trim 15-25% and tighten stop.
Live price
$379.00
-6.42%
Theme
Space
Conviction
LOW
Tier A
RSI 14
56.4
% return
Not held
2×ATR stop
Tactical stop
★ Deep dive · Space · Tier A

The full 10-section Photoncap on Filtronic plc (LSE).

What it physically does · the financial print · customer mix · competitive context · terminal risk · bull case · gap/bear case · optionality · the trade. ~2,137 words. Source: Space.

2,137 words Tier A Space
— Live chart · TradingView · Candlestick · 50/200 EMA + Volume —
● Live · NASDAQ:FTC
03 · 04Top-level analysis

What FTC physically does — preview.

One-paragraph version of the Photoncap deep dive. Read the full essay for the complete treatment.

From Space

The thesis — preview.

**UK-listed pure-play SpaceX supplier in RF/microwave electronics — small-cap, cleaner LSE entry vehicle, just pulled back 13.6% on profit-taking.** *Investment Research · Photoncap-style deep dive · Bucket B · 2026-05-22*…

Read the full essay →
★ Tier
Tier A. Highest conviction — buyable now subject to risk hygiene.
Source attribution
Space · 2,137 words. Institutional PDF available.
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