Acorn Energy's 15min chart sees KDJ Golden Cross, bullish Marubozu signal.

Thursday, Aug 14, 2025 2:48 pm ET1min read

According to the 15-minute chart of Acorn Energy, a golden cross has been triggered by the KDJ indicator, accompanied by a bullish marubozu pattern on August 14, 2025, at 14:45. This suggests a shift in the momentum of the stock price towards an upward trajectory, with potential for further growth. The dominance of buyers in the market and the continuation of bullish momentum are likely to prevail.

According to the 15-minute chart for Acorn Energy, a golden cross has been triggered by the KDJ indicator, accompanied by a bullish marubozu pattern on August 14, 2025, at 14:45. This suggests a shift in the momentum of the stock price towards an upward trajectory, with potential for further growth. The dominance of buyers in the market and the continuation of bullish momentum are likely to prevail.

This development comes amidst Acorn Energy's robust financial performance in Q2 2025. The company reported a significant increase in revenue and earnings per share (EPS), driven by a large hardware contract. Revenue surged 54.9% year over year to $3.53 million, while EPS grew 154.5% year over year to $0.28 [1].

The company's gross margin also increased to 74.9%, reflecting operational efficiency and the value of recurring annual monitoring contracts. However, operating expenses rose by 20.2%, indicating investments in research and development and sales initiatives [1].

The bullish indicators on the stock's chart may signal a potential reversal in the stock's recent downward trajectory. Investors should closely monitor Acorn Energy's progress in transitioning from hardware-driven growth to more sustainable, recurring monitoring revenue. The company is exploring partnerships and acquisitions to scale its business, which could influence its stock performance [1].

Acorn Energy's recent earnings call highlighted a strong financial performance and strategic advancements, with record revenue growth and improved margins. The company reported a remarkable 55% increase in second-quarter revenue year-over-year, reaching $3.5 million. This growth was fueled by an 89% surge in hardware sales and a 19% rise in monitoring revenue, highlighting Acorn’s expanding market presence [2].

The strategic uplisting to the NASDAQ Capital Market marks a significant milestone for Acorn Energy, enhancing its visibility and positioning the company for future growth opportunities. The company reported a solid financial position with a quarter-end cash balance of $3.253 million, which increased to $3.428 million by early August 2025, and no debt, providing a stable foundation for continued growth [2].

In conclusion, Acorn Energy's recent financial performance and the bullish indicators on its stock chart suggest a positive outlook for the company. Investors should closely monitor the company's progress and the market's response to its strategic initiatives.

References:
[1] https://www.ainvest.com/news/acorn-energy-15-minute-chart-bearish-momentum-kdj-death-cross-marubozu-formation-2508/
[2] https://www.theglobeandmail.com/investing/markets/stocks/ACFN/pressreleases/34094470/acorn-energy-reports-record-growth-in-earnings-call/

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