Affiliated Managers Group's Bollinger Bands Expanding Downward, KDJ Death Cross Triggered.

Monday, Jul 7, 2025 2:01 pm ET1min read

Based on Affiliated Managers Group's 15-minute chart, the Bollinger Bands have expanded downward, and a KDJ Death Cross occurred on July 7, 2025, at 13:45. This indicates that market momentum is currently being driven by sellers, and the stock price is experiencing a downward trend with potential for further decline.

Affiliated Managers Group (AMG) has shown signs of a potential downward trend in its stock price, as indicated by technical indicators on its 15-minute chart. On July 7, 2025, at 13:45, the Bollinger Bands expanded downward, and a KDJ Death Cross occurred. This development suggests that market momentum is currently being driven by sellers, and the stock price is experiencing a downward trend with potential for further decline.

The Bollinger Bands, which measure volatility, have expanded downward. This expansion indicates an increase in the magnitude of stock price fluctuations, which can signal a period of heightened volatility or a change in the stock's trend. The KDJ Death Cross, a technical indicator, occurs when the K line (a moving average of the stock's price) crosses below the J line (another moving average). This crossover suggests a potential bearish trend, as it indicates a loss of momentum in the stock's price.

Despite these technical indicators, Affiliated Managers Group has seen increased institutional investment. According to its most recent Form 13F filing with the Securities & Exchange Commission [1], the company has received significant investment from institutional investors such as Dragoneer Investment Group LLC, Alyeska Investment Group L.P., Norges Bank, Raymond James Financial Inc., and UBS AM. These investments have bolstered the company's financial position, but the downward pressure on the stock price remains.

Analysts have also set new price targets for Affiliated Managers Group. KeyCorp initiated coverage on the company with an "overweight" rating and a $55.00 price objective [1]. Other analysts, including Bank of America and DA Davidson, have raised their price objectives for the stock, with new targets ranging from $50.00 to $52.00 [1]. Despite these positive analyst ratings, the stock has an average rating of "Moderate Buy" and a consensus target price of $51.00 [1].

In conclusion, Affiliated Managers Group's stock has shown signs of a potential downward trend, as indicated by expanding Bollinger Bands and a KDJ Death Cross. While institutional investment and analyst ratings remain positive, investors should closely monitor the stock's performance and consider the potential risks associated with a downward trend.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-dragoneer-investment-group-llc-buys-shares-of-affiliated-managers-group-inc-2025-06-25/

Comments



Add a public comment...
No comments

No comments yet