Addus Homecare's 15min chart triggers Bollinger Bands Narrowing, KDJ Death Cross.

Addus Homecare's 15-minute chart has triggered a narrowing of Bollinger Bands, coupled with a KDJ death cross on August 13, 2025 at 16:00. This indicates a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, with potential for further decreases in the stock price.

Addus Homecare Corporation (NASDAQ: ADUS) has recently experienced a significant technical shift in its stock price, as indicated by a narrowing of Bollinger Bands and a KDJ Death Cross on its 15-minute chart on August 13, 2025, at 16:00. This development suggests a decrease in the magnitude of price fluctuations and a potential downward trend in the stock's momentum.

The Bollinger Bands, which measure volatility, have narrowed, indicating a contraction in the stock's price range. This could signal a period of consolidation or a decrease in market uncertainty. The KDJ Death Cross, a technical indicator that combines the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), has crossed over to the downside, typically signaling a bearish trend. This pattern is often associated with a potential continuation of the downward price movement.

Technical analysts often use these indicators to gauge market sentiment and predict future price movements. The narrowing of Bollinger Bands and the KDJ Death Cross on Addus Homecare's chart suggest that the stock may experience further price decreases. However, it is essential to note that technical indicators should be used in conjunction with fundamental analysis to make informed investment decisions.

Addus Homecare has been facing mixed financial performance, with strong growth in the Personal Care and Hospice divisions but ongoing challenges in the Home Health segment. The company reported its second quarter 2025 financial results on August 4, 2025, with revenue (GAAP) of $349.4 million, beating the consensus GAAP revenue estimate of $346.5 million and growing 21.8% from the prior year. Non-GAAP earnings per share reached $1.49, outpacing the $1.47 consensus (Non-GAAP EPS) and climbing 10.4% year-over-year [1].

Despite the mixed financial performance, the company has been actively seeking acquisition opportunities to bolster its presence in existing markets. In the first and second quarters of 2025, Addus Homecare acquired Helping Hands Home Care Service, Inc. for $21.3 million and the assets of Great Lakes Home Care Unlimited, LLC for $2.6 million, respectively [1].

Institutional investors have shown confidence in the company, with several large investors increasing their stakes in the fourth quarter. However, the recent technical indicators suggest that the stock may face further challenges in the coming months.

References:
[1] https://www.nasdaq.com/articles/addus-homecare-adus-q2-revenue-22
[2] https://www.ainvest.com/news/addus-homecare-kdj-death-cross-bearish-trend-marubozu-pattern-confirmed-2508/