Chart Industries' 15min chart triggers MACD Death Cross, Bollinger Bands Narrowing.

Monday, Aug 18, 2025 2:34 pm ET1min read

According to Chart Industries' 15-minute chart, a MACD Death Cross and Bollinger Bands Narrowing signal has been triggered at 14:30 on August 18, 2025. This suggests that the stock price has the potential to continue declining, with a decreasing magnitude of price fluctuations.

On August 18, 2025, at 14:30, Chart Industries' stock price triggered a MACD Death Cross and Bollinger Bands Narrowing signal, indicating potential continued declines with decreasing price fluctuations [1]. This technical analysis suggests a bearish trend for the stock.

Short interest, the number of shares sold short but not yet covered, has also shown a significant decrease. According to Benzinga, Chart Industries' short interest has fallen by 25.37% since its last report, with 3.98 million shares sold short, representing 10.18% of its float [1]. Traditionally, a decline in short interest can signal a shift in market sentiment from bearish to bullish. However, the technical indicators suggest otherwise.

Comparatively, Chart Industries' short interest stands higher than its peers, with an average of 3.18% among its peer group [1]. This elevated short interest indicates that the market remains cautious about the stock's performance.

Investors should remain vigilant as the combination of technical indicators and short interest data suggests a cautious approach. While the decline in short interest could be a positive sign, the technical signals point to continued downward pressure on the stock price.

References:
[1] https://www.benzinga.com/insights/short-sellers/25/08/47190109/how-is-the-market-feeling-about-chart-industries

Comments



Add a public comment...
No comments

No comments yet