Unity Bancorp: 15-minute chart shows KDJ Golden Cross and bullish Marubozu pattern.

Unity Bancorp's 15-minute chart has recently triggered a KDJ Golden Cross, accompanied by a Bullish Marubozu on July 18, 2025 at 09:45. This indicates a shift in the momentum of the stock price towards the upside, with potential for further growth. The dominance of buyers in the market suggests that bullish momentum is likely to persist.

Unity Bancorp (NASDAQ: UNTY) has seen a significant shift in its stock price momentum, as indicated by a KDJ Golden Cross and a Bullish Marubozu on July 18, 2025, at 09:45. These technical indicators suggest a strong bullish trend, potentially signaling further growth for the stock.

The KDJ Golden Cross, a popular momentum indicator, shows a shift from a bearish to a bullish trend. When the K line (fast Stochastic) crosses above the D line (slow Stochastic), it indicates a bullish signal. This was accompanied by a Bullish Marubozu, a candlestick pattern that shows no wicks (shadows), indicating strong buying pressure and no selling activity. This combination suggests that buyers are dominating the market, and the trend is likely to continue in the upward direction.

In addition to the technical signals, Unity Bancorp's financial performance has been robust. The company reported net income of $16.5 million for the second quarter of 2025, a 74% increase from the same period last year [1]. Revenue grew by 41% to $34.5 million, and the profit margin expanded to 48% from 39% in the previous quarter. Earnings per share (EPS) also improved, increasing by 37% to $1.64 [1].

Analysts have been optimistic about Unity Bancorp's prospects. Keefe, Bruyette & Woods analyst David Konrad recently raised the price target for the stock from $55.00 to $63.00, indicating strong potential growth [3]. The average one-year price target from three analysts is $60.33, with a high estimate of $63.00 and a low estimate of $58.00 [3].

Unity Bancorp's strong financial performance and positive analyst ratings, combined with the recent technical signals, suggest that the stock may continue to perform well. Investors should closely monitor the stock's performance and consider the broader market conditions when making investment decisions.

References:
[1] https://simplywall.st/stocks/us/banks/nasdaq-unty/unity-bancorp/news/unity-bancorp-second-quarter-2025-earnings-beats-expectation
[3] https://www.gurufocus.com/news/2987306/unity-bancorp-unty-price-target-raised-by-analyst-unty-stock-news