Cantaloupe's 15min chart triggers KDJ Golden Cross, bullish Marubozu signal.

Based on the 15-minute chart of Cantaloupe, the KDJ Golden Cross and Bullish Marubozu indicators have been triggered on June 18, 2025 at 11:00. This suggests that the momentum of the stock price is shifting towards the upside and has the potential to further increase. As buyers continue to dominate the market, it is likely that the bullish momentum will persist.

Cantaloupe Inc. (CTLP) saw its stock rating downgraded by William Blair from "Outperform" to "Market Perform" following an acquisition deal with 365 Retail Markets. The deal, valued at around $848 million, includes a cash payout of $11.20 per share [1].

Analysts forecast an average target price of $12.30 for Cantaloupe Inc., suggesting an upside of 12.48% from the current price of $10.94 [1]. The consensus recommendation from 6 brokerage firms is "Outperform" [1]. However, GuruFocus estimates a GF Value of $9.14 for Cantaloupe Inc., indicating a potential downside of 16.42% [1].

On June 18, 2025, at 11:00, the KDJ Golden Cross and Bullish Marubozu indicators were triggered on Cantaloupe's 15-minute chart, suggesting a shift in momentum towards the upside [2]. This is likely to persist as buyers continue to dominate the market.

Cantaloupe Inc. reported an 11% year-over-year increase in total revenue for Q3 2025, reaching $75.4 million. The company also saw a 37% increase in adjusted EBITDA, reflecting successful margin expansion and operating leverage [1]. Despite these positive developments, revenue was lower than anticipated due to one-time weather events and delays in equipment purchases [1].

References:

[1] https://www.gurufocus.com/news/2929129/ctlp-downgraded-as-cantaloupe-agrees-to-acquisition-by-365-retail-markets-ctlp-stock-news

[2] Based on the 15-minute chart of Cantaloupe, the KDJ Golden Cross and Bullish Marubozu indicators have been triggered on June 18, 2025 at 11:00.