Bollinger Bands Narrowing on 15-min chart indicates bearish trend for Skillsoft.
ByAinvest
Tuesday, Jun 24, 2025 2:34 pm ET1min read
SID--
Analyst Recommendations
Mirae Asset Sharekhan's Somil Mehta has recommended buying Bharat Forge and National Aluminum. Bharat Forge, exhibiting a breakout from a consolidation pattern, is expected to continue its uptrend with targets at Rs 1350. Similarly, National Aluminum has broken out of a bullish flag pattern, projecting an upward movement towards Rs 215 [1].
KFin Technologies has recently received an upgrade to a 'buy' rating, reflecting strong financial performance and positive technical indicators. The company reported significant growth in net sales and has consistently delivered positive results over the past seven quarters, showcasing robust operational strength and solid fundamentals. Despite a challenging year-to-date return, KFin Technologies has outperformed the broader market with an annual return of 87.69% [2].
Market Trends
The 15-minute chart of Skillsoft on June 24, 2025, at 14:30, indicated a narrowing of the Bollinger Bands and the presence of a Bearish Marubozu pattern. This suggests a decrease in the magnitude of stock price fluctuations, with sellers currently in control of the market. This bearish momentum is likely to continue, as indicated by the market conditions [3].
Frankfurt Stock Market
The Frankfurt stock market also showed signs of recovery, with the DAX breaking out of its recent downward trend. The German benchmark index gained 1.60 percent to 23,641.58 points, moving closer to its 21-day line. The MDax closed 2.30 percent higher at 29,957.56 points. The ceasefire between Israel and Iran boosted investor confidence, reflecting the relief felt from the slump in oil prices to pre-war levels [3].
Conclusion
Investors should closely monitor the market trends and analyst recommendations to make informed investment decisions. The narrowing Bollinger Bands and Bearish Marubozu pattern in Skillsoft indicate potential bearish momentum, while the upgrade in KFin Technologies' rating and the recovery in the Frankfurt stock market provide opportunities for growth. As always, it is advisable to consult with a qualified investment advisor before making any investment decisions.
References
[1] https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-june-24-2025-bharat-forge-national-aluminum-stocks-to-buy-today/articleshow/122037855.cms
[2] https://www.marketsmojo.com/news/stock-recommendation/kfin-technologies-receives-upgrade-to-buy-rating-amid-strong-financial-performance-3175271
[3] https://www.marketscreener.com/quote/index/DAX-7395/news/Frankfurt-stock-market-close-Stock-market-party-after-ceasefire-in-the-Middle-East-50322548/
SKIL--
According to the 15-minute chart of Skillsoft, the Bollinger Bands are narrowing and a Bearish Marubozu pattern was observed on June 24, 2025 at 14:30. This indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers are currently in control of the market. Furthermore, this bearish momentum is likely to continue as a result of these market conditions.
On June 24, 2025, the stock market witnessed notable changes with several key indicators signaling potential shifts in market dynamics. Analysts have provided insights into top stock recommendations, while broader market trends offer a glimpse into the future.Analyst Recommendations
Mirae Asset Sharekhan's Somil Mehta has recommended buying Bharat Forge and National Aluminum. Bharat Forge, exhibiting a breakout from a consolidation pattern, is expected to continue its uptrend with targets at Rs 1350. Similarly, National Aluminum has broken out of a bullish flag pattern, projecting an upward movement towards Rs 215 [1].
KFin Technologies has recently received an upgrade to a 'buy' rating, reflecting strong financial performance and positive technical indicators. The company reported significant growth in net sales and has consistently delivered positive results over the past seven quarters, showcasing robust operational strength and solid fundamentals. Despite a challenging year-to-date return, KFin Technologies has outperformed the broader market with an annual return of 87.69% [2].
Market Trends
The 15-minute chart of Skillsoft on June 24, 2025, at 14:30, indicated a narrowing of the Bollinger Bands and the presence of a Bearish Marubozu pattern. This suggests a decrease in the magnitude of stock price fluctuations, with sellers currently in control of the market. This bearish momentum is likely to continue, as indicated by the market conditions [3].
Frankfurt Stock Market
The Frankfurt stock market also showed signs of recovery, with the DAX breaking out of its recent downward trend. The German benchmark index gained 1.60 percent to 23,641.58 points, moving closer to its 21-day line. The MDax closed 2.30 percent higher at 29,957.56 points. The ceasefire between Israel and Iran boosted investor confidence, reflecting the relief felt from the slump in oil prices to pre-war levels [3].
Conclusion
Investors should closely monitor the market trends and analyst recommendations to make informed investment decisions. The narrowing Bollinger Bands and Bearish Marubozu pattern in Skillsoft indicate potential bearish momentum, while the upgrade in KFin Technologies' rating and the recovery in the Frankfurt stock market provide opportunities for growth. As always, it is advisable to consult with a qualified investment advisor before making any investment decisions.
References
[1] https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-june-24-2025-bharat-forge-national-aluminum-stocks-to-buy-today/articleshow/122037855.cms
[2] https://www.marketsmojo.com/news/stock-recommendation/kfin-technologies-receives-upgrade-to-buy-rating-amid-strong-financial-performance-3175271
[3] https://www.marketscreener.com/quote/index/DAX-7395/news/Frankfurt-stock-market-close-Stock-market-party-after-ceasefire-in-the-Middle-East-50322548/
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