Bentley Systems's 15min chart triggers Bollinger Bands Narrowing, KDJ Death Cross

Bentley Systems's 15-minute chart has recently triggered a narrowing of Bollinger Bands, accompanied by a KDJ Death Cross on October 9, 2025 at 12:45. This indicates a decrease in the magnitude of stock price fluctuations, coupled with a shift in momentum towards the downside, potentially leading to further decreases in the stock price.

Bentley Systems, Incorporated (NASDAQ: BSY) has been in the spotlight recently due to both positive financial reports and technical indicator signals. On October 9, 2025, at 12:45, the 15-minute chart of BSY triggered a narrowing of Bollinger Bands, accompanied by a KDJ Death Cross. This combination of technical indicators suggests a decrease in the magnitude of price fluctuations and a shift in momentum towards the downside, potentially signaling further price decreases 6,370 Shares in Bentley Systems, Incorporated $BSY Purchased by J. Safra Sarasin Holding AG^[1].

The narrowing of Bollinger Bands indicates a reduction in volatility, which can be a sign of consolidation or a pause in the current trend. The KDJ Death Cross, on the other hand, is a bearish signal that occurs when the K line crosses below the D line, indicating a potential reversal in momentum. This combination suggests that while the stock may be consolidating, the longer-term trend could be bearish.

Despite these technical signals, Bentley Systems reported robust earnings for the latest quarter, with earnings per share (EPS) of $0.32, exceeding analysts' expectations of $0.29. The company's revenue also increased by 10.2% year-over-year, reaching $364.11 million. Additionally, Bentley Systems declared a quarterly dividend of $0.07 per share, resulting in an annualized dividend yield of 0.5% and a payout ratio of 35.44% Valmark Advisers Inc. Sells 11,087 Shares of Bentley Systems, Incorporated $BSY^[2].

Institutional investors have also been active in the stock. Several large investors have increased their stakes in Bentley Systems. For instance, Valmark Advisers Inc. reduced its holdings by 22.7% during the second quarter, selling 11,087 shares. Meanwhile, Teacher Retirement System of Texas acquired a new position worth about $920,000 during the first quarter. Other institutional investors, such as Bright Rock Capital Management LLC and Mirae Asset Global Investments Co. Ltd., have also made significant investments in the company Valmark Advisers Inc. Sells 11,087 Shares of Bentley Systems, Incorporated $BSY^[2].

Analysts have been mixed in their ratings for BSY. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating, and one has assigned a Sell rating. The consensus target price is $56.60, with an average rating of Hold 6,370 Shares in Bentley Systems, Incorporated $BSY Purchased by J. Safra Sarasin Holding AG^[1].

Despite the positive earnings and dividend, investors should be cautious due to the recent technical indicators. The narrowing of Bollinger Bands and the KDJ Death Cross suggest a potential downward trend. However, the stock's fundamentals remain strong, with a market capitalization of $16.06 billion and a PE ratio of 69.61. Investors should closely monitor the stock's performance and technical indicators to make informed decisions.