NACCO Industries' 15min chart MACD Death Cross, Bollinger Bands Narrowing

NACCO Industries's 15-minute chart has recently exhibited a MACD Death Cross and Bollinger Bands Narrowing, occurring on August 15th, 2025 at 15:45. This technical indicator suggests that the stock price may experience a continued downward trend, with a decrease in the magnitude of price fluctuations.

NACCO Industries' 15-minute chart has recently exhibited a MACD Death Cross and Bollinger Bands Narrowing, occurring on August 15th, 2025 at 15:45. This technical indicator suggests that the stock price may experience a continued downward trend, with a decrease in the magnitude of price fluctuations.

The MACD Death Cross, a combination of the MACD line crossing below the signal line, often signals a change in the trend direction [1]. The Bollinger Bands Narrowing formation, characterized by the bands moving closer together, typically indicates a decrease in volatility and potential price movement [1]. The convergence of these signals suggests that NACCO Industries may experience a period of downward momentum.

Investors should closely monitor the stock in the coming days. The recent decline in the stock price, which fell by -7.59% from July 30, 2025, to August 1, 2025, may have created a selling opportunity, especially with the resistance level at $43.11 [1]. However, the stock is expected to hold a price between $36.42 and $55.44 at the end of the next 3 months, with a 90% probability [1].

NACCO Industries is scheduled to release its second-quarter earnings on Wednesday, August 6, 2025, after the market close. The company will host a conference call on Thursday, August 7, 2025, to discuss the results. Investors should keep an eye on the earnings report, as it may provide further insights into the company's financial health and future prospects [2].

Key Insights Significantly high institutional ownership implies NACCO Industries' stock price is sensitive to their trading actions. A total of 12 investors have a majority stake in the company with 50% ownership [2]. This suggests some credibility amongst professional investors, but it is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. Insider ownership is also significant, with insiders owning a market capitalization of just US$282m, and insiders have US$65m worth of shares in their own names [2].

NACCO Industries' Q2 operating income was USD -51 thousand, Q2 EBITDA was USD 9.259 million, and Q2 net income was USD 3.26 million [3]. The company's Q2 revenue rose 30% year-over-year to $68.2 million, but net income declined to $3.3 million from $6.0 million [4]. The company expects substantial increases in H2 2025 operating profit and anticipates lower full-year 2025 results due to insurance income in 2024. The company plans to terminate its pension plan in Q4 2025, incurring a settlement charge [4].

References:
[1] https://stockinvest.us/stock/NC
[2] https://www.stocktitan.net/news/NC/
[3] https://www.tradingview.com/news/reuters.com,2025-08-06:newsml_PLXEBAFD3:0-brief-nacco-industries-q2-eps-usd-0-44/
[4] https://www.tradingview.com/news/reuters.com,2025:newsml_PLXEBAFD3:0-nacco-industries-q2-revenue-up-30/