Anghami's 15min chart triggers KDJ Golden Cross, bullish Marubozu formation.

Anghami's 15-minute chart has recently triggered a KDJ Golden Cross, accompanied by a Bullish Marubozu at 08/15/2025 13:45. This suggests a shift in momentum towards the upside, with potential for further growth. As buyers continue to dominate the market, bullish momentum is likely to persist.

Anghami Inc. (ANGH) has recently shown signs of bullish momentum in its 15-minute chart, as observed on August 15, 2025, at 13:45. The chart triggered a KDJ Golden Cross, accompanied by a Bullish Marubozu, suggesting a shift in momentum towards the upside. This development is indicative of increased buying pressure and a potential for further stock price appreciation.

The KDJ Golden Cross is a technical indicator that signals a change in the trend from bearish to bullish. When the KDJ line crosses above the Stochastic line, it is considered a bullish signal, suggesting that the market is moving in favor of buyers. The Bullish Marubozu, a candlestick pattern, further strengthens this bullish sentiment, as it indicates that the market is closing higher than it opened, with no wicks, suggesting strong buying pressure.

These signals come on the heels of recent developments in Anghami Inc.'s stock price. On August 11, 2025, the company announced a 1-for-10 reverse stock split, which could potentially increase the stock price per share. However, on August 12, 2025, the 15-minute chart triggered a MACD death cross and a bearish Marubozu formation, indicating a potential shift in market sentiment. Nevertheless, the recent upward expansion of Bollinger Bands and the KDJ Golden Cross suggest that the market trend is now shifting towards the upside.

Investors should closely monitor Anghami Inc.'s stock price and other market indicators to assess the potential impact of these developments on the company's financial performance. As the stock price and market trends continue to evolve, investors should remain vigilant and adjust their investment strategies accordingly.

References:
[1] https://www.ainvest.com/news/anghami-15-minute-chart-shows-bollinger-bands-expanding-upward-kdj-golden-cross-detected-2508-42/