ConnectOne's 15min chart shows Bollinger Bands narrowing and KDJ Death Cross.

According to the 15-minute chart of ConnectOne, there are several notable indicators that suggest a shift in the stock's momentum. Firstly, Bollinger Bands Narrowing indicates that the magnitude of stock price fluctuations is decreasing, suggesting a reduction in volatility. Furthermore, the KDJ Death Cross, which occurred on August 18th at 12:00, signals a change in the direction of the stock's momentum, with a shift towards the downside. This suggests that the stock price may continue to decrease in the near future.

On August 15, 2025, at 13:00, ConnectOne Bancorp's (NASDAQ: CNOB) 15-minute chart triggered several significant technical indicators, suggesting a bearish trend. The indicators include a KDJ Death Cross and a Bearish Marubozu pattern [1].

The KDJ Death Cross is a technical indicator that signals a potential reversal in the stock's price trend, shifting towards the downside. The Bearish Marubozu pattern, characterized by long-bodied candlesticks with no upper or lower wicks, further reinforces this bearish sentiment. These indicators suggest that the stock's momentum is likely to persist in a downward direction, with a potential for further price decreases.

ConnectOne Bancorp has been reporting mixed financial performance. While the company reported strong quarterly earnings in Q2 2025, surpassing analyst expectations, the stock price has since experienced a downward trend [2]. The company's fiscal 2025 Q2 earnings report highlighted a notable recovery in net income, swinging from a loss of $2.17 billion in the previous year to a profit of $317.80 million. Additionally, ConnectOne raised its full-year 2025 guidance, expecting revenue growth of up to 1.0% [2].

Despite the positive earnings report, the technical indicators suggest a bearish outlook. The market appears to be under the control of sellers, and the bearish momentum is likely to persist. Investors should remain cautious and monitor the stock closely for any signs of a reversal in the downward trend.

In addition to the technical indicators, the company's recent acquisition of The First of Long Island Corporation (FLIC) has expanded its branch network and loan portfolio, positioning the company for future growth and operational efficiencies [3]. However, the financial report for the third quarter of 2025 highlighted a net loss of $51,000, primarily due to increased provisions for credit losses and merger expenses [3].

ConnectOne Bancorp anticipates continued growth and integration benefits from the FLIC acquisition, with expectations of enhanced operational efficiencies and expanded market reach. The company remains focused on leveraging its expanded branch network and customer base to drive future growth.

References:
[1] https://www.ainvest.com/news/connectone-15min-chart-triggers-kdj-death-cross-bearish-marubozu-formation-2508/
[2] https://www.ainvest.com/news/bio-rad-laboratories-2025-q2-earnings-strong-performance-net-income-swings-114-7-2508/
[3] https://www.tradingview.com/news/tradingview:0cec80f8640ad:0-connectone-bancorp-inc-sec-10-q-report/