SPX Technologies 15min chart shows KDJ Golden Cross, bullish Marubozu pattern.

The 15-minute chart for SPX Technologies has recently triggered a Golden Cross in the KDJ indicator, accompanied by a bullish Marubozu pattern on August 20, 2025 at 11:30. This suggests that the momentum of the stock price is shifting towards the upside and has the potential to continue increasing. Given the current market conditions, it is likely that buyers will maintain control of the market, and the bullish momentum is expected to persist.

SPX Technologies (NYSE:SPXC) has recently experienced a significant technical shift, with the 15-minute chart triggering a Golden Cross in the KDJ indicator, accompanied by a bullish Marubozu pattern on August 20, 2025, at 11:30. This combination of signals suggests a potential shift in the stock's momentum towards the upside, indicating a favorable trend for investors.

The Golden Cross, a bullish indicator, occurs when a short-term moving average crosses above a long-term moving average, signaling a potential reversal in the stock's price trend. The Marubozu pattern, characterized by a long body with no shadows on both sides, further strengthens the bullish signal by indicating strong buying pressure with no selling resistance.

Given the current market conditions, the bullish momentum is expected to persist, with buyers likely to maintain control of the market. This positive outlook is supported by the company's strong financial performance and recent acquisitions, which have positioned SPX Technologies as a more focused and profitable business [1].

SPX Technologies has been undergoing a significant transformation since 2018, with a series of acquisitions that have enhanced its technology capabilities and profitability. The company has reported robust financial results, with a 14% increase in 2024 sales to $1.98 billion, and a $395 million adjusted operating profit number, translating to 20% margins [1].

The company's recent acquisition of Sigma Heating and Cooling and Omega Heat Pump, valued at $144 million, is expected to boost sales by $65 million, or 3% of sales, further enhancing its financial performance [1]. Additionally, SPX Technologies has guided for revenues to advance to a midpoint of $2.16 billion, with adjusted earnings seen between $6.00 and $6.25 per share, based on an EBITDA guidance with a midpoint of $475 million [1].

However, despite the positive signals, investors should remain cautious. The company's shares have been trading at premium valuations, with the stock trading around 25 times forward earnings in February and reaching a high of $209 in August, before falling back to $186 [1]. This high valuation, coupled with the company's modest organic growth achievements, suggests that the stock may be richly valued.

In conclusion, the recent technical signals suggest a potential upside momentum for SPX Technologies. However, investors should approach the stock with caution, considering its rich valuation and the current market conditions. The company's strong financial performance and recent acquisitions provide a solid foundation for growth, but investors should carefully weigh the risks and potential rewards.

References:
[1] https://seekingalpha.com/article/4813970-spx-technologies-near-term-top-might-have-been-set