Graham Corporation’s share price is in the upper end of its 52-week range with strong multi-period price momentum and multiple bullish technical signals pointing to an extended upswing. At the same time, fundamentals show modest revenue growth and positive margins but negative free cash flow and slightly declining earnings, indicating a less uniform picture beneath the price strength. Short interest and intraday short volume are elevated, suggesting heightened positioning risk if sentiment shifts despite generally neutral-to-positive recent news flow.