Weyco Group's 15min chart sees KDJ Golden Cross, bullish Marubozu pattern.

Weyco Group's 15-minute chart has triggered a KDJ Golden Cross, accompanied by a Bullish Marubozu at 09/04/2025 09:45. This indicates a shift in momentum towards the upside, suggesting that the stock price has the potential to further increase. As buyers continue to exert control over the market, bullish momentum is likely to persist.

Weyco Group's 15-minute chart has recently shown a significant shift in momentum, with the appearance of a KDJ Golden Cross and a Bullish Marubozu formation on September 2, 2025, at 10:45. This technical indicator combination suggests a potential trend reversal, indicating that the stock is likely to move higher in the short term. The dominance of buyers in the market further strengthens the bullish sentiment, suggesting sustained upward momentum.

The KDJ Golden Cross occurs when the K-line (average price) crosses above the J-line (average price of the previous 9 periods) and the D-line (average price of the previous 3 periods). This formation signals a potential trend reversal, suggesting that the stock is likely to move higher in the short term. The Bullish Marubozu formation, characterized by a large candlestick with no shadows or wicks, signifies strong buying pressure and a potential continuation of the upward trend [1].

Weyco Group, Inc. (WEYS), a footwear designer and distributor, has exhibited these positive technical indicators. Combined with the company's stable dividend history and low payout ratio, these indicators suggest that the stock may experience sustained bullish momentum in the future. Investors should closely monitor the company's performance and consider adding Weyco Group to their portfolios as a potential long-term investment.

References:
[1] https://www.ainvest.com/news/weyco-group-15min-chart-triggers-kdj-golden-cross-bullish-marubozu-signal-2508-90/