Valneva's 15min chart shows KDJ Golden Cross, Bullish Marubozu pattern.

Valneva's 15-minute chart has triggered a Golden Cross signal in the KDJ indicator, accompanied by a Bullish Marubozu candlestick pattern on August 18, 2022, at 15:30. This suggests a shift in the momentum of the stock price towards an upward trajectory, with a potential for further growth. As buyers assume control of the market, the bullish momentum is likely to continue.

Valneva SE (NASDAQ: VALN) has recently demonstrated a significant shift in its stock price momentum, as indicated by technical indicators. On August 18, 2022, at 15:30, the company's 15-minute chart exhibited a KDJ Golden Cross, accompanied by a Bullish Marubozu pattern. This combination suggests a shift in momentum towards an upward trend, signaling potential for further price appreciation.

The KDJ Golden Cross is a bullish signal that occurs when the K-line crosses above the D-line on the KDJ indicator, indicating a change in the trend from bearish to bullish. The Bullish Marubozu candle further supports this upward trend, as it indicates strong buying pressure with no wick on either end of the candle [1].

Valneva's recent performance has been positive, with the company showing a rise in quarterly revenue when it reports results on August 12 for the period ending June 30, 2025. According to the mean estimate from 3 analysts, based on LSEG data, Valneva is expected to report a 20.8% increase in revenue to €45.993 million from €38.06 million a year ago [2].

Despite the expected loss of 22 cents per share, the current average analyst rating on the shares is "buy," with a breakdown of recommendations as 3 "strong buy" or "buy," 1 "hold," and no "sell" or "strong sell." The mean earnings estimate of analysts was unchanged in the last three months, and Wall Street's median 12-month price target for Valneva SE is $15.50, about 46.8% above its last closing price of $8.25 [2].

In the broader market context, European stocks trading on US exchanges saw a solid boost on Friday, with healthcare and industrial groups like Valneva and ArcelorMittal leading the pack. The S&P Europe Select ADR Index rose 0.5% to 1,487.32 on Friday morning, reflecting the positive sentiment towards these sectors [1].

Valneva's recent technical indicators and positive performance suggest that the company is well-positioned for further price appreciation. Investors should monitor the company's earnings report on August 12 for any updates that could impact its stock price.

References:
[1] https://finimize.com/content/european-adrs-tick-up-as-healthcare-and-industrials-shine
[2] https://www.mmm-online.com/news/rx-rundown-pfizer-serb-pharmaceuticals-novo-nordisk-and-more/