Cencora's 15min chart sees KDJ Golden Cross, bullish Marubozu signals emerge.

Cencora's 15-minute chart has recently triggered a significant technical indicator known as the KDJ Golden Cross, which is a bullish signal indicating a shift in the stock's momentum towards the upside. This signal, coupled with the Bullish Marubozu at 07/31/2025 10:45, suggests that the stock price has the potential to continue its upward trajectory. The control of the market by buyers and the continuation of bullish momentum are likely to contribute to this positive trend.

Cencora's stock price has shown significant technical strength, as its 15-minute chart recently displayed a bullish signal known as the KDJ Golden Cross. This indicator, which suggests a shift in the stock's momentum towards the upside, was accompanied by a Bullish Marubozu candle at 07/31/2025 10:45. These signals indicate that buyers are in control of the market, and bullish momentum is likely to persist.

The KDJ Golden Cross is formed when the KDJ line crosses above the D line, suggesting a bullish trend. This recent crossing, along with the formation of the Bullish Marubozu candle, suggests that Cencora's stock price is poised for further gains. The Bullish Marubozu candle, characterized by a large body and no shadows, signifies strong buying pressure and indicates a potential continuation of the upward trend.

Additionally, Cencora's earnings report, scheduled for August 6, 2025, is expected to show a year-over-year increase in earnings on higher revenues. The market consensus expects the company to post quarterly earnings of $3.78 per share, representing a year-over-year change of +13.2%. Revenues are expected to be $80.33 billion, up 8.2% from the year-ago quarter.

The consensus EPS estimate has been revised 0.39% higher over the last 30 days, reflecting analysts' reassessment of the company's earnings prospects. This positive trend, combined with the recent technical indicators, suggests that Cencora's stock price could continue to rise.

Investors should keep an eye on the upcoming earnings report and the stock's technical indicators to gauge its potential for further gains. The combination of a positive Earnings ESP (+1.49%) and a Zacks Rank of #2 indicates that Cencora is likely to beat the consensus EPS estimate.

In conclusion, Cencora's stock price has shown strong technical indicators and positive earnings expectations, suggesting that it may continue its upward trajectory. Investors should monitor the company's earnings report and technical signals to make informed investment decisions.

References:
[1] https://www.ainvest.com/news/central-north-airport-group-15min-chart-sees-kdj-golden-cross-bullish-marubozu-2507-59/
[2] https://finance.yahoo.com/news/cencora-cor-earnings-expected-grow-140014267.html
[3] https://sg.finance.yahoo.com/news/cencora-cor-earnings-expected-grow-140014267.html