Based on the 15-minute chart of Carriage Services, a death cross in the KDJ indicator has been triggered, accompanied by a bearish marubozu at 08/20/2025 15:15. This suggests a shift in momentum towards the downside, with a potential for further price decreases. Sellers are currently dominating the market, and it is likely that bearish momentum will continue.
Carriage Services Inc. (CSV) has experienced a significant shift in market momentum following the appearance of a KDJ Death Cross and a bearish Marubozu pattern on its 15-minute chart on August 20, 2025, at 15:15. This technical indicator signals a change in the stock's momentum from bullish to bearish, suggesting a potential decrease in the stock price [1].
The KDJ (Keltner Channels) Death Cross occurs when the KDJ line crosses below the signal line, indicating a change in momentum from bullish to bearish. The appearance of a Bearish Marubozu candlestick pattern further supports this bearish sentiment. A Marubozu candlestick is characterized by a long body without any upper or lower wicks, suggesting strong buying or selling pressure with no reversal [1].
Analysts have provided a mixed outlook for Carriage Services. Despite the technical indicators suggesting a bearish trend, the company's management remains optimistic about its growth prospects. CEO Carlos R. Quezada expressed confidence in continuing organic volume growth at a rate of 50 to 100 basis points for the remainder of 2025 and the company is also under contract to acquire new businesses, which are expected to add more than $15 million in annual revenue [2].
Investors are advised to exercise caution following these technical indicator signals. These indicators provide valuable insights but should be used in conjunction with other forms of analysis, including fundamental analysis and broader market conditions [1].
References:
[1] https://www.ainvest.com/news/carriage-services-15-min-chart-triggered-bollinger-bands-narrowing-bearish-marubozu-2508/
[2] https://seekingalpha.com/news/4481681-carriage-services-outlines-410m-420m-2025-revenue-target-as-company-accelerates-acquisitions
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