AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Cantaloupe's 15min chart triggers KDJ Golden Cross, bullish Marubozu signal.
ByAinvest
Wednesday, Jun 18, 2025 11:02 am ET1min read
Based on the 15-minute chart of Cantaloupe, the KDJ Golden Cross and Bullish Marubozu indicators have been triggered on June 18, 2025 at 11:00. This suggests that the momentum of the stock price is shifting towards the upside and has the potential to further increase. As buyers continue to dominate the market, it is likely that the bullish momentum will persist.
Cantaloupe Inc. (CTLP) saw its stock rating downgraded by William Blair from "Outperform" to "Market Perform" following an acquisition deal with 365 Retail Markets. The deal, valued at around $848 million, includes a cash payout of $11.20 per share [1].Analysts forecast an average target price of $12.30 for Cantaloupe Inc., suggesting an upside of 12.48% from the current price of $10.94 [1]. The consensus recommendation from 6 brokerage firms is "Outperform" [1]. However, GuruFocus estimates a GF Value of $9.14 for Cantaloupe Inc., indicating a potential downside of 16.42% [1].
On June 18, 2025, at 11:00, the KDJ Golden Cross and Bullish Marubozu indicators were triggered on Cantaloupe's 15-minute chart, suggesting a shift in momentum towards the upside [2]. This is likely to persist as buyers continue to dominate the market.
Cantaloupe Inc. reported an 11% year-over-year increase in total revenue for Q3 2025, reaching $75.4 million. The company also saw a 37% increase in adjusted EBITDA, reflecting successful margin expansion and operating leverage [1]. Despite these positive developments, revenue was lower than anticipated due to one-time weather events and delays in equipment purchases [1].
References:
[1] https://www.gurufocus.com/news/2929129/ctlp-downgraded-as-cantaloupe-agrees-to-acquisition-by-365-retail-markets-ctlp-stock-news
[2] Based on the 15-minute chart of Cantaloupe, the KDJ Golden Cross and Bullish Marubozu indicators have been triggered on June 18, 2025 at 11:00.
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet