Banner's 15-Min Chart Triggers Death Cross, Bearish Marubozu Pattern

Friday, Aug 29, 2025 12:02 pm ET1min read

The 15-minute chart for Banner has recently exhibited a KDJ Death Cross and a Bearish Marubozu at 08/29/2025 12:00, indicating a shift in the stock's momentum towards a downward trajectory. This suggests that the stock price has the potential to further decline, as sellers are currently in control of the market. Furthermore, the bearish momentum is likely to persist.

Teck Resources Ltd. (TSX: TECK) and Foot Locker Inc. (NYSE: FL) have recently experienced notable shifts in their stock market momentum, with both companies exhibiting bearish indicators. These signals suggest a potential for further declines in their stock prices.

Teck Resources

On August 25, 2022, at 15:30, Teck Resources' 15-minute chart displayed a KDJ Death Cross and a Bearish Marubozu pattern, indicating a shift in the stock's momentum towards the downside [1]. This pattern, combined with the recent stock price drop, suggests that sellers are currently in control of the market, and it is likely that the bearish momentum will continue.

Despite exceeding earnings per share (EPS) expectations by 65.22% in the second quarter of 2025, Teck Resources' stock price dropped 14.49% in pre-market trading, closing at $33.00. The company's revenue fell short of forecasts by 6.91%, impacting investor sentiment [1]. Raymond James analyst Brian MacArthur maintained a Buy rating for Teck Resources, citing the company's potential for substantial future growth, but the recent market signals indicate a cautious approach.

Foot Locker

Foot Locker Inc. reported its fiscal second quarter 2025 results on August 27, 2025, with total revenue (GAAP) declining 2.4% to $1,851 million. The company's non-GAAP loss per share widened to $(0.27), worse than expectations, due to margin and profitability pressures [2]. The company's adjusted loss per share of $(0.27) was weaker than the analyst estimate of $0.07. Revenue (GAAP) missed analyst expectations, and profitability and margins slipped compared to the second quarter of 2024. The results underscored challenging global retail conditions.

Foot Locker's gross margin decreased by 0.5 percentage points compared to the prior-year period, attributed to lower merchandise margin. Selling, general and administrative (SG&A) expenses as a share of sales increased by 0.2 percentage points, contributing to a wider non-GAAP net loss of $(27 million) [2]. The company's inventory levels rose by 3.7%, attributed to a strategic "pull-forward" of fall product.

Conclusion

Both Teck Resources and Foot Locker have experienced significant bearish market signals in recent weeks, with Teck Resources showing a KDJ Death Cross and a Bearish Marubozu pattern, and Foot Locker reporting a decline in revenue and an increase in losses. These indicators suggest that investors should approach these stocks with caution, as the bearish momentum is likely to persist.

References

[1] https://www.ainvest.com/news/teck-resources-15min-chart-sees-kdj-death-cross-bearish-marubozu-2508/
[2] https://www.nasdaq.com/articles/foot-locker-reports-24-q2-revenue-drop

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