Centuri's 15min chart shows RSI overbought, KDJ death cross triggered.

According to the 15-minute chart for Centuri, the RSI has reached overbought levels, while the KDJ indicator has crossed below the signal line, forming a death cross at 08:45 on August 29, 2025. This suggests that the stock price has experienced a rapid increase, exceeding fundamental support levels, and is poised to shift momentum towards the downside, potentially leading to further decreases in the stock price.

Southwest Gas (SWX), a natural gas utility, experienced a 2% increase in its stock price on Friday following an upgrade from Bank of America (BofA) to a "Buy" rating with an $84 price target. The upgrade comes on the heels of Southwest Gas's decision to sell its interest in Centuri Holdings, a move that BofA analysts believe will unlock growth potential and improve the company's valuation.

On August 7, Southwest Gas sold approximately $350 million of its Centuri interest, reducing its pro-forma ownership to 31%. The company will account for its remaining interest using equity method accounting, a move that BofA analyst Ross Fowler believes will clear the path to completely exiting the Centuri interest. This sale removes a key investor overhang that has pressured Southwest Gas's valuation.

Southwest Gas currently trades at a ~1% discount to gas LDC peers compared to an average 3% premium historically. BofA's upgrade notes that this discount is unwarranted given the de-risked balance sheet following the Centuri sell-down, above-average earnings per share compound annual growth rate of ~12%, a pending Q3 update on the Great Basin expansion project, and a constructive regulatory outlook.

Meanwhile, Centuri Holdings (CTRI) has been experiencing significant bearish technical indicators on its 15-minute chart. On August 25, 2025, at 15:45, a "MACD Death Cross" and "KDJ Death Cross" signal was triggered, suggesting a potential further decrease in the stock price [2]. These technical indicators align with recent developments in the company's financial outlook, as analysts have increased earnings estimates for the current quarter [3]. However, the high implied volatility in the options market suggests that investors are anticipating a significant move in the stock price.

On August 29, 2025, at 08:45, the Relative Strength Index (RSI) for Centuri reached overbought levels, and the KDJ indicator formed a death cross, indicating a shift in momentum towards the downside. This suggests that the stock price has experienced a rapid increase, exceeding fundamental support levels, and is poised to continue declining.

References:
[1] https://seekingalpha.com/news/4490557-southwest-gas-raised-to-buy-at-bofa-as-centuri-sale-unlocks-growth-potential
[2] https://www.ainvest.com/news/centuri-15min-chart-shows-macd-death-cross-kdj-death-cross-signals-2508-31/
[3] https://www.nasdaq.com/articles/are-options-traders-betting-big-move-centuri-holdings-stock