Carpenter Technology: MACD Death Cross and KDJ Death Cross Triggered on 15min Chart

Carpenter Technology's 15-minute chart recently exhibited two bearish technical indicators: the MACD Death Cross and the KDJ Death Cross, both triggered on September 5, 2025 at 11:00. This suggests that the stock price is likely to continue its downward trend, with momentum shifting towards the downside, potentially leading to further decreases in value.

Carpenter Technology Corporation (CRS), a leading manufacturer of specialty metals and alloys, recently experienced a significant technical event on its 15-minute chart. On September 5, 2025, at 11:00, the stock triggered both the MACD Death Cross and the KDJ Death Cross, indicating a potential shift in momentum towards the downside.

The MACD (Moving Average Convergence Divergence) and KDJ (Kaufman Adaptive Moving Average) are widely used technical indicators that traders employ to gauge the strength of a trend. A MACD Death Cross occurs when the MACD line crosses below the signal line, while a KDJ Death Cross indicates a bearish signal when the KDJ line crosses below the 20-period moving average. Both events suggest that the stock's momentum is shifting towards the downside, which could lead to further declines [2].

Despite the recent technical indicators, Carpenter Technology has shown robust performance this year, with a year-to-date return of 42.2%, outpacing the Basic Materials sector's average return of 15.1% [1]. The company's strong earnings and strategic positioning have been noted by several analysts, who continue to maintain a bullish outlook on the stock. For instance, JPMorgan kept an Overweight rating on Carpenter Technology with a price target of $305 after its earnings release, recommending investors use the post-earnings sell-off as a buying opportunity [1].

However, the technical indicators suggest a potential downward trend. Investors should closely monitor Carpenter Technology and consider their risk tolerance. While the stock has shown strong earnings and strategic positioning, the technical indicators suggest a potential downward trend. It is essential to consult with financial advisors before making investment decisions.

References:
[1] https://finance.yahoo.com/news/why-wall-street-bullish-carpenter-201231836.html
[2] https://www.ainvest.com/news/carpenter-technology-15min-chart-signals-macd-kdj-death-crosses-2509/