BayFirst Financial's 15min chart shows RSI overbought, KDJ death cross.

The 15-minute chart for BayFirst Financial has triggered an overbought RSI reading and a KDJ death cross at 11:45 on August 13, 2025. This indicates that the stock price has risen too quickly and is no longer supported by its fundamentals. The momentum of the stock price is shifting towards the downside and may continue to decline.

BayFirst Financial Corp. (NASDAQ: BAFN) has experienced a significant shift in its stock price momentum, as indicated by its 15-minute chart. On August 13, 2025, at 11:45, the stock triggered an overbought RSI reading and a KDJ death cross, suggesting that the stock price has risen too quickly and is no longer supported by its fundamentals. This signals a potential shift in momentum towards the downside, which may continue to decline [1].

The overbought RSI reading indicates that the stock price has appreciated rapidly, exceeding its fundamental value support. The KDJ death cross, on the other hand, suggests that the stock price has lost its upward momentum and may be entering a downward trend. This combination of indicators points to a potential reversal in the stock's price trajectory.

BayFirst Financial has been undergoing a series of strategic changes aimed at addressing financial pressures and repositioning the company for long-term growth. The company has discontinued its Bolt SBA 7(a) loan program and implemented a substantial workforce reduction, including the suspension of dividend payments and board fees. These actions are part of a broader restructuring effort to reduce risk and improve the company's financial health [2].

The immediate discontinuation of the Bolt SBA 7(a) loan program and the associated workforce reduction suggest that the program was a significant drain on resources. The company's decision to sell the Bolt loan balances and origination platform to third parties indicates that management sees limited recovery potential in managing these assets internally. This strategic retreat from a previously established business line implies that the Bolt program may have experienced higher-than-expected default rates or operational inefficiencies [3].

Investors should closely monitor BayFirst Financial's financial performance and the broader market conditions that may influence its stock price. The company's actions to address financial pressures and reposition itself for long-term growth are indicative of the challenges it faces in the current market environment.

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