Carriage Services' 15min chart shows KDJ Golden Cross and Bullish Marubozu pattern.

According to the 15-minute chart for Carriage Services, a significant bullish indicator has been triggered. Specifically, the KDJ Golden Cross and Bullish Marubozu occurred on August 20, 2025 at 14:00. This suggests that the momentum of the stock price is shifting in a positive direction and has the potential to continue increasing. The dominance of buyers in the market is also evident, which further supports the likelihood of continued bullish momentum.

According to the 15-minute chart for Carriage Services (CSV), a significant bullish indicator has been triggered. Specifically, the KDJ Golden Cross and Bullish Marubozu occurred on August 20, 2025, at 14:00. This suggests that the momentum of the stock price is shifting in a positive direction and has the potential to continue increasing. The dominance of buyers in the market is also evident, which further supports the likelihood of continued bullish momentum.

The KDJ Golden Cross occurs when the KDJ line crosses above the signal line, indicating a change in momentum from bearish to bullish. The appearance of a Bullish Marubozu candlestick pattern further supports this bullish sentiment. A Marubozu candlestick is characterized by a long body without any upper or lower wicks, suggesting strong buying or selling pressure with no reversal.

Despite the bullish indicators, Carriage Services reported strong Q2 CY2025 results, exceeding market revenue expectations. The company's full-year revenue guidance of $415 million at the midpoint came in 1.8% above analysts’ estimates, and its non-GAAP profit of $0.74 per share was 1.8% above analysts’ consensus estimates. However, the market response to these results has been mixed, with the stock price fluctuating following the earnings release.

Analysts have provided a mixed outlook for Carriage Services. According to MarketBeat, out of 17 analysts, 2 have given a hold rating, 14 have given a buy rating, and 1 has given a strong buy rating for CSV [1]. The average price target is $47.49, representing a forecasted upside of 2.5% from the current price of $46.25 [2].

Investors should be mindful of the potential risks associated with the bullish momentum indicated by the 15-minute chart. The company's performance in the coming quarters will be closely watched, particularly the integration and performance of newly acquired funeral and cemetery locations, the impact of completed cemetery inventory projects on sales mix and growth, and the ability to maintain overhead discipline as revenue scales [2].

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/CSV/forecast/
[2] https://finance.yahoo.com/news/csv-q2-deep-dive-margin-072005701.html