Star Bulk Carriers MACD and KDJ Death Cross Indicators Triggered on 15min Chart

Star Bulk Carriers' 15-minute chart has triggered a MACD Death Cross and a KDJ Death Cross as of July 16, 2025, at 16:00. This indicates that the stock price has the potential to continue declining, with a shift in momentum towards the downside and a potential further decrease in value.

Star Bulk Carriers (SBLK) has encountered a significant technical downturn as of July 16, 2025, at 16:00, with the MACD Death Cross and KDJ Death Cross indicating a potential shift in momentum towards the downside. This development comes amidst the company's upcoming earnings disclosure, scheduled for August 6, 2025 [1].

The stock closed at $17.92 on July 16, 2025, down by 2.56% from the previous session. This performance lagged behind the broader market, with the S&P 500 losing 0.4% and the Dow declining by 0.98% [1, 2]. Over the past month, SBLK shares gained 8.05%, while the Transportation sector and the S&P 500 saw respective gains of 4.86% and 4.97% [1, 2].

Investors are closely monitoring the earnings report, which is expected to show earnings per share (EPS) of $0.04, a 94.87% decrease from the prior-year quarter. Revenue is projected to be $243.45 million, down 31.01% from the year-ago period [1]. For the full year, Zacks Consensus Estimates project earnings of $1.32 per share and revenue of $1.02 billion, reflecting declines of -49.81% and -19.64% respectively [1].

Analysts have not made any recent adjustments to the EPS estimate for SBLK, and the stock currently has a Zacks Rank of #3 (Hold) [1]. The company is trading at a Forward P/E ratio of 13.93, which is a premium compared to the industry average of 9 [1].

The Transportation - Shipping industry, of which SBLK is a part, holds a Zacks Industry Rank of 29, positioning it in the top 12% of all 250+ industries [1]. This industry rank is based on the average Zacks Rank of individual stocks within the group, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [1].

Wall Street Zen recently upgraded SBLK from a sell rating to a hold rating, indicating a cautious outlook [3]. The company's recent quarterly earnings report showed earnings per share of $0.07, beating analysts' estimates by $0.21 [3]. However, the stock has been trading down, reaching a 12-month low of $12.06 [3].

Institutional investors have shown interest in SBLK, with several firms increasing their stakes in the fourth quarter of 2024 [3]. Capital Analysts LLC, Steward Partners Investment Advisory LLC, Mountain Hill Investment Partners Corp., GAMMA Investing LLC, and Annis Gardner Whiting Capital Advisors LLC have all increased their positions in the company [3].

The technical indicators suggest a potential further decline in SBLK's stock price, adding to the uncertainty surrounding the company's earnings report. Investors should closely monitor the company's financial performance and the broader market trends to make informed investment decisions.

References:
[1] https://www.nasdaq.com/articles/star-bulk-carriers-sblk-dips-more-broader-market-what-you-should-know-0
[2] https://finance.yahoo.com/news/star-bulk-carriers-sblk-dips-220004552.html
[3] https://www.marketbeat.com/instant-alerts/star-bulk-carriers-nasdaqsblk-upgraded-at-wall-street-zen-2025-07-12/