Argan's 15min chart shows RSI overbought and KDJ death cross.

Based on Argan's 15-minute chart, the Relative Strength Index (RSI) has reached an overbought level, while the KDJ indicator has formed a death cross at 10:30 on October 15, 2025. This suggests that the stock price has risen too quickly and has surpassed its fundamental support levels, indicating a shift in momentum towards a downward trend with potential for further decreases.

Investors are closely monitoring Argan Inc. (NYSE: AGX) following recent developments in its stock price and technical indicators. Based on the 15-minute chart, the Relative Strength Index (RSI) has reached an overbought level, indicating that the stock price has risen too quickly and may be due for a correction. Additionally, the KDJ indicator has formed a death cross at 10:30 on October 15, 2025, signaling a shift in momentum towards a downward trend.

The RSI, a momentum oscillator, measures the speed and change of price movements. An RSI above 70 is typically considered overbought, suggesting that the stock may be overvalued and due for a pullback. The KDJ indicator, a combination of the K-line and D-line, also signals a potential trend reversal when the D-line crosses below the K-line, forming a death cross.

Analysts at JPMorgan have recently upgraded Argan to Overweight, citing strong momentum and the company's position as an "underappreciated beneficiary" of accelerating AI-driven power demand. However, the technical indicators suggest that the stock may be overvalued, and a correction could be on the horizon.

Despite the positive analyst sentiment, the technical indicators provide a different perspective. The RSI and KDJ indicators suggest that the stock price has surpassed its fundamental support levels and may be due for a downward trend. Investors should closely monitor these indicators and consider the potential for further decreases in the stock price.