Noah Holdings Bollinger Bands Narrowing, KDJ Death Cross on 15-Minute Chart

Noah Holdings's 15-minute chart is currently exhibiting a narrowing of Bollinger Bands, and a KDJ Death Cross has been triggered as of September 4, 2025 at 15:30. This suggests that the magnitude of stock price fluctuations is decreasing, and the momentum of the stock price is shifting towards the downside, potentially leading to further decreases in value.

Noah Holdings Limited (NYSE: NOAH and HKEX: 6686), a leading wealth management service provider, has reported its unaudited financial results for the second quarter of 2025, showcasing robust growth and strategic initiatives. The company reported net revenues of RMB 630 million ($87.9 million), marking a 2.2% increase year-over-year (YoY) [1]. This growth was primarily driven by an increase in the distribution of overseas private secondary products and domestic private secondary products.

Non-GAAP net income attributable to Noah shareholders for the second quarter of 2025 was RMB 189 million ($26.4 million), representing a 78.2% YoY increase and a 12% sequential increase. Income from operations rose by 20.2% YoY to RMB 161 million ($22.5 million) [1]. The company's revenue mix showed significant improvement, with a surge in revenue from the distribution of investment products. The total transaction value reached RMB 17.0 billion (US$2.4 billion), representing a 17.7% YoY increase and a 5.4% sequential increase. The distribution of private secondary products contributed significantly to this growth, with a 44.4% increase in the second quarter of 2025 compared to the same period in 2024 [1].

Noah Holdings' operational updates highlighted a 1.2% increase in the total number of registered clients to 464,631 as of June 30, 2025, and a 13.0% increase in overseas registered clients to 18,967. The number of active clients who transacted with the company during the second quarter of 2025 increased by 6.1% to 9,160, with a 12.5% increase in overseas active clients to 3,650 [1].

The asset management business, conducted through Gopher Asset Management Co., Ltd. and Olive Asset Management Co., Ltd., reported relatively stable total assets under management of RMB 145.1 billion (US$20.3 billion) as of June 30, 2025. Mainland China assets under management stood at RMB 103.7 billion (US$14.5 billion), while overseas assets under management were RMB 41.4 billion (US$5.8 billion) [1].

Noah Holdings' Co-founder and Chairwoman, Jingbo Wang, commented on the company's progress, stating, "We are pleased to report that Noah has made steady progress in navigating through a challenging period in the wealth management industry. This quarter, we have seen a recovery in both profitability and revenue, reflecting the positive impact of our strategic initiatives. Our operational income saw a solid 20.2% year-on-year growth, while non-GAAP net profit surged by an impressive 78.2% year-on-year, contributed by strong growth in the distribution of investment products and an uptick in management fees. Additionally, our international revenue continues to grow, now representing nearly 50% of total net revenues, reinforcing the effectiveness of our global expansion strategy" [1].

In addition to its strong financial performance, Noah Holdings' 15-minute chart is currently exhibiting a narrowing of Bollinger Bands, and a KDJ Death Cross has been triggered as of September 4, 2025 at 15:30. This suggests that the magnitude of stock price fluctuations is decreasing, and the momentum of the stock price is shifting towards the downside, potentially leading to further decreases in value [2]. The narrowing of the Bollinger Bands signifies a decrease in volatility, a pattern also observed in other stocks such as mF International [2].

Investors are advised to monitor Noah Holdings' stock closely as the company navigates these challenging market conditions. The recent technical indicators suggest a potential downward trend, indicating that the sellers are currently in control of the market, and there is a strong likelihood that the bearish momentum will persist.

References:
[1] https://www.prnewswire.com/news-releases/noah-holdings-limited-announces-unaudited-financial-results-for-the-second-quarter-of-2025-302540170.html
[2] https://www.ainvest.com/news/bollinger-bands-narrowing-kdj-death-cross-protagonist-15min-chart-2509/