Carriage Services: 15min chart triggers RSI Oversold, KDJ Golden Cross formation.

Wednesday, Aug 20, 2025 3:07 pm ET1min read

In accordance with the 15-minute chart for Carriage Services, the Relative Strength Index (RSI) has triggered an oversold signal, while the KDJ indicator has formed a golden cross at 08/20/2025 15:00. This suggests that the stock price has experienced a significant decline, potentially exceeding its fundamental support level. Furthermore, the momentum of the stock price is shifting towards an upward trajectory, indicating a potential increase in the stock's value.

Carriage Services, Inc. (NYSE: CSV) has experienced a notable development on its 15-minute chart, with the Relative Strength Index (RSI) triggering an oversold signal and the KDJ indicator forming a golden cross at 15:00 on August 20, 2025. This suggests that the stock price has undergone a significant decline, potentially exceeding its fundamental support level. Furthermore, the momentum of the stock price is shifting towards an upward trajectory, indicating a potential increase in the stock's value.

According to the latest technical indicators, the RSI has reached an oversold level, while the KDJ indicator has triggered a golden cross, signaling a potential trend reversal. This combination of indicators often suggests a shift in market sentiment, with buyers regaining control of the market [1].

Carriage Services recently reported its quarterly earnings results, with earnings per share (EPS) of $0.74, exceeding the consensus estimate by $0.02. The company also announced a quarterly dividend of $0.1125 per share, with an annualized dividend of $0.45 and a dividend yield of 1.0%. Several institutional investors have increased their holdings in Carriage Services, with LPL Financial LLC boosting its stake by 120.2% during the first quarter, owning 135,893 shares valued at approximately $5.27 million [2].

While the technical indicators suggest an upward trend, investors should remain cautious. The stock has experienced a decline in recent months, and the potential for a price correction due to overbought conditions should be taken into account. However, the company's fundamentals remain strong, with a net margin of 12.85% and a return on equity of 21.63%. The company's 1-year low of $30.15 and 1-year high of $49.41 indicate a volatile but potentially profitable investment opportunity.

In conclusion, Carriage Services' recent technical indicators signal an uptrend potential, but investors should closely monitor the stock's price and consider the implications of the recent developments. The company's strong fundamentals and growing institutional interest make it an attractive investment opportunity, but the potential for a price correction should be taken into account.

References:
[1] https://www.ainvest.com/news/construction-15min-chart-shows-rsi-oversold-kdj-golden-cross-2508/
[2] https://www.marketbeat.com/instant-alerts/filing-lpl-financial-llc-increases-holdings-in-carriage-services-inc-nysecsv-2025-08-13/

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