BayFirst Financial's 15min chart sees MACD Death Cross and KDJ Death Cross.

Based on the 15-minute chart of BayFirst Financial, the MACD and KDJ indicators have both triggered a death cross at 13:00 on August 14, 2025. This technical indicator suggests that the stock price may continue to decline, as the momentum of the stock price is shifting towards the downside and has the potential to further decrease.

BayFirst Financial (BAFN) has experienced a significant shift in its stock price momentum, as indicated by both the MACD and KDJ indicators on its 15-minute chart. On August 14, 2025, at 13:00, both indicators triggered a death cross, suggesting a potential continuation of the stock's downward trend. This development comes amidst ongoing strategic changes and financial restructuring efforts by the company.

The MACD (Moving Average Convergence Divergence) and KDJ (Kaufman Adaptive Moving Average) indicators are technical tools used by traders to identify changes in the direction of a stock's price momentum. A death cross occurs when the MACD line crosses below the signal line, indicating a bearish trend. Simultaneously, the KDJ indicator, which measures the relative strength and momentum of a stock, has also crossed below its signal line, reinforcing the bearish signal.

These technical indicators are supported by recent financial actions taken by BayFirst Financial. The company has discontinued its Bolt SBA 7(a) loan program and implemented a substantial workforce reduction, as part of a broader restructuring effort aimed at addressing financial pressures and repositioning for long-term growth. These strategic changes include significant cost savings, charge-offs, and fair value write-downs on high-risk SBA 7(a) loans, which are expected to have a substantial impact on the company's financial health.

The immediate discontinuation of the Bolt SBA 7(a) loan program and the suspension of dividend payments, along with the reduction in workforce, indicate that BayFirst is addressing urgent financial pressures rather than proactively repositioning for growth. The company's focus is now on its core community banking operations across its twelve Tampa Bay centers, leveraging its existing banking infrastructure for more traditional, potentially lower-risk growth opportunities.

Investors should closely monitor the stock's performance and the company's financial health in the coming months. The death cross signals a potential continuation of the downward trend, but further analysis and updates on the company's financial situation will be crucial in assessing the stock's future performance.

References:
[1] https://www.ainvest.com/news/bayfirst-financial-15min-chart-shows-rsi-oversold-kdj-golden-cross-2508/
[2] https://www.stocktitan.net/news/BAFN/bay-first-discontinues-bolt-sba-7-a-loan-3pzl4uu7phjn.html
[3] https://finance.yahoo.com/news/bayfirst-financial-corp-bafn-q2-071827715.html