Manitowoc's 15min Chart: KDJ Death Cross & Bearish Marubozu Triggered

martes, 27 de mayo de 2025, 2:34 pm ET1 min de lectura
MTW--

The Manitowoc's 15-minute chart has triggered a KDJ Death Cross and a bearish Marubozu formation on May 27, 2025, at 14:30. This indicates a shift in the momentum of the stock price towards the downside, with a potential for further decline. Sellers are currently dominating the market, and it is likely that this bearish momentum will continue.

The 15-minute chart of Manitowoc Company Inc (MTW) stock triggered a KDJ Death Cross and a bearish Marubozu formation on May 27, 2025, at 14:30. This indicates a significant shift in the stock's momentum towards the downside, with potential for further decline. The KDJ Death Cross, a technical indicator that combines the Kijun-sen, Tenkan-sen, and Senkou Span B lines, signals a bearish reversal. The Marubozu formation, characterized by a large body with no shadows, suggests strong selling pressure and a potential continuation of the downtrend.

On the same day, the stock price fell by -2.18% from $10.56 to $10.33, marking the sixth consecutive day of decline [1]. The stock has been in a horizontal trend, but the recent formations suggest a break from this pattern. The short-term Moving Average holds a sell signal, while the long-term average provides a buy signal, indicating a mixed sentiment. However, the short-term average remains above the long-term average, providing a general buy signal [1].

The MACD also suggests a buy signal, with a bullish crossover, but the presence of red bars indicates persistent downward pressure [1]. The stock's volatility has been high, with a daily average volatility of 3.11% over the last week. The Bollinger Bands indicate a "very high risk" stock, with a wide prediction interval [1].

For the upcoming trading day on Tuesday, May 28, 2025, the stock is expected to open at $10.35 and move between $9.87 and $10.79, with a possible trading interval of +/-$0.460 (+/-4.45%) up or down from the last closing price [1]. The stock is closer to resistance from accumulated volume at $10.76 than support at $9.82, making the trading risk/reward intra-day unattractive [1].

In conclusion, the KDJ Death Cross and Marubozu formation suggest a bearish trend for Manitowoc Company Inc (MTW) stock. The stock's recent decline and high volatility make it a high-risk investment. Investors should exercise caution and closely monitor the stock's performance.

References:
[1] https://stockinvest.us/stock/MTW

Manitowoc's 15min Chart: KDJ Death Cross & Bearish Marubozu Triggered

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