Casey's 15-minute chart shows KDJ Golden Cross, bullish Marubozu pattern.

According to Casey's 15-minute chart, a significant technical indicator has been triggered, namely the KDJ Golden Cross. This bullish development was observed on July 16, 2025, at 10:45. The occurrence of a Bullish Marubozu further reinforces this trend, suggesting that the momentum of the stock price is shifting in a favorable direction. As a result, there is a high probability of the stock continuing to rise. The presence of buyers in control of the market underscores the bullish momentum, which is likely to persist.

On July 16, 2025, at 10:45, Casey's General Stores (NASDAQ:CASY) experienced a significant technical indicator event on its 15-minute chart. The KDJ Golden Cross, a bullish signal, was triggered, accompanied by a Bullish Marubozu candle. This combination indicates a shift in momentum towards an upward trend. The strong buying pressure observed in the market suggests that the stock price is likely to continue its upward trajectory.

The KDJ Golden Cross, a technical indicator that measures the relationship between the KDJ lines, signifies a bullish crossover, where the K line crosses above the D line. The presence of a Bullish Marubozu candle further reinforces this bullish signal, as it indicates a strong buying pressure that overshadows the selling pressure. This pattern suggests that buyers are in control of the market, which is a positive sign for the stock's future performance.

In addition to the technical indicators, several analysts have raised their price targets and ratings for Casey's General Stores. Royal Bank of Canada (RBC) raised their price target from $468.00 to $542.00, while other analysts have also upgraded their ratings to "buy" or "overweight" [1].

The company's earnings report on June 9, 2025, showed a strong performance with earnings per share (EPS) of $2.63, beating the consensus estimate of $1.94. Revenue was $3.99 billion, up 10.9% year-over-year. The company also increased its quarterly dividend to $0.57 per share, representing a $2.28 annualized dividend and a yield of 0.44% [1].

Institutional investors have shown increased interest in Casey's General Stores. Alps Advisors Inc. grew its stake by 6.4% in the first quarter, while other institutional investors such as Proficio Capital Partners LLC and Zurcher Kantonalbank Zurich Cantonalbank also increased their holdings [2]. Whittier Trust Co. of Nevada Inc. increased its position by 4.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission [2].

The stock has seen a significant increase in trading volume, with 413,978 shares trading hands on July 9, 2025, when it hit a new 52-week high of $526.82. The stock's 50-day moving average is $477.29, and the 200-day moving average is $439.63, indicating a strong upward trend [1].

In summary, Casey's General Stores is experiencing a bullish momentum driven by positive technical indicators, analyst upgrades, strong earnings, and increased institutional interest. Investors should closely monitor the stock's performance as it continues to show promising signs of growth.

References:
[1] https://www.marketbeat.com/instant-alerts/caseys-general-stores-nasdaqcasy-hits-new-12-month-high-whats-next-2025-07-09/
[2] https://www.marketbeat.com/instant-alerts/filing-alps-advisors-inc-grows-holdings-in-caseys-general-stores-inc-nasdaqcasy-2025-07-12/