CVR Energy's 15min Chart Triggers Bollinger Bands Narrowing, KDJ Death Cross Alert

CVR Energy's 15-minute chart exhibits characteristics of Bollinger Bands Narrowing, accompanied by a KDJ Death Cross on August 18, 2025 at 15:15. This suggests a reduction in the magnitude of stock price fluctuations and a shift in momentum towards the downside, which may lead to further decreases in the stock price.

Activist investor Carl Icahn made significant adjustments to his portfolio in the second quarter of 2025, as revealed in his latest 13F filing. The billionaire sold 14.3 million shares of Dana Inc. (NYSE: DAN) and Illumina (NASDAQ: ILMN), while increasing his holdings in CVR Energy (CVI) and Centuri Holdings (CTRI). These moves reflect Icahn's strategy to align his portfolio with the latest financial data and company performance [1].

Icahn's sale of 14.3 million shares in Dana Inc. comes amidst the company's efforts to raise shareholder return targets and signal a commitment to a 10% margin for 2026. Dana's Q2 earnings report indicated a focus on its Off-Highway division, which is nearing the close of a sale. Meanwhile, Icahn increased his stakes in CVR Energy to 70.4 million shares, valued at $1.88 billion at June 30. He also added to his position in Centuri Holdings with a stake of 6.4 million shares.

Analysts have noted that CVR Energy's 15-minute chart exhibits characteristics of Bollinger Bands Narrowing, accompanied by a KDJ Death Cross on August 18, 2025, at 15:15. This suggests a reduction in the magnitude of stock price fluctuations and a shift in momentum towards the downside, which may lead to further decreases in the stock price [2].

These moves underscore Icahn's commitment to staying abreast of market conditions and adjusting his portfolio accordingly. As of July 2, 2025, the stock prices and market conditions continue to evolve, and investors should stay updated with the latest developments.

References:
[1] https://www.ainvest.com/news/carl-icahn-exits-dana-illumina-increases-cvr-energy-stake-q2-2508/
[2] https://seekingalpha.com/news/4485703-icahn-exits-dana-ilumina-adds-to-cvr-energy-among-moves-in-q2