Seagate Technology's 15min chart shows MACD Death Cross, KDJ Death Cross.

Seagate Technology's 15-minute chart has recently exhibited a MACD Death Cross and KDJ Death Cross, both occurring on August 20, 2025 at 10:00. These indicators suggest that the stock price has the potential to continue its downward trajectory, as momentum is shifting towards the downside and may lead to further decreases in the stock price.

Seagate Technology Holdings PLC (STX) shares experienced a notable decline on Thursday, August 20, 2025, at 10:00, following a positive start to the week. The stock has been trading within a strong upward trend, but recent technical indicators suggest a potential shift in momentum. The 15-minute chart of Seagate Technology's stock revealed significant technical developments: the Moving Average Convergence Divergence (MACD) triggered a "Death Cross," and the KDJ indicator also exhibited a "Death Cross." These bearish signals indicate that the stock price may continue to decline, as the MACD line crossed below the signal line and the KDJ line crossed below the signal line.

The MACD "Death Cross" is a bearish signal that suggests the stock price has the potential to continue declining. The KDJ "Death Cross," another bearish indicator, further supports this sentiment by showing a decline in momentum. Additionally, the Bollinger Bands, a volatility indicator, narrowed at 08/15/2025 15:00, suggesting a decrease in the magnitude of stock price fluctuations. This combination of indicators points to potential downward momentum and reduced volatility for the stock.

Despite the recent technical developments, analysts have been bullish on Seagate Technology, with several firms boosting their price targets following strong earnings reports and a positive outlook. However, the recent technical developments may signal a change in sentiment. The stock has surged 78.2% year-to-date (YTD), trading near its 52-week high of $157.01 from July 2025. Despite this impressive performance, the technical indicators suggest a potential slowdown.

Investors should closely monitor Seagate Technology's stock as the company faces these technical challenges. The stock is expected to rise 42.40% during the next 3 months, with a 90% probability of holding a price between $214.13 and $234.86. However, the recent MACD "Death Cross" and narrowing Bollinger Bands indicate a potential period of consolidation or decline.

References:
[1] https://www.ainvest.com/news/seagate-technology-15min-chart-shows-macd-death-cross-bollinger-bands-narrowing-2508/
[2] https://stockinvest.us/stock/STX