Capital City Bank's 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross on August 13, 2025, at 12:45. This indicates that the stock price has the potential to continue its downward trend, as the momentum of the stock price has shifted towards the downside and could potentially lead to further decreases.
Capital City Bank (CCBG) has recently encountered significant challenges, both legally and technically, which could impact its stock price and investor sentiment. On August 13, 2025, at 12:45, the bank's 15-minute chart triggered a MACD Death Cross and a KDJ Death Cross, indicating a potential downward trend in the stock price [1].
The legal challenges involve a lawsuit filed by Patricia Shively, a major investor in the Celebration Pointe development. Shively alleges she was manipulated into guaranteeing over $319 million in loans for the project. Viking Companies LLC, the owner of Celebration Pointe, has filed a motion to dismiss the lawsuit, labeling it frivolous and screenplay-like. The motion argues that Shively's complaint is filled with "frivolous, impertinent, scandalous, and conclusionary statements..." and that the characterization of Shively as a 74-year-old grandmother living alone in Gainesville is irrelevant to the proceedings [2].
Additionally, Capital City Bank has recently filed a lawsuit against Celebration Pointe Partners III LLC, alleging the group missed a $10,000 payment in April 2025 and a nearly $8,000 escrow payment, with a total balance due of over $1.4 million [2].
Technically, the MACD Death Cross and KDJ Death Cross on Capital City Bank's 15-minute chart indicate a potential shift in the stock's momentum towards the downside. These indicators suggest that the stock price may continue its downward trend, potentially leading to further decreases.
Investors should monitor these developments closely, as they could have significant implications for Capital City Bank's stock price and overall financial health.
References:
[1] https://www.gainesville.com/story/news/courts/2025/08/07/celebration-pointe-owner-files-motion-to-dismiss-lawsuit/85542691007/
[2] https://finance.yahoo.com/news/looking-high-growth-dividend-stock-154503257.html
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