Based on the 15-minute chart of CNX Resources, a technical indicator known as the KDJ Golden Cross was triggered on August 14, 2025 at 14:45. This crossover indicates a shift in momentum towards the upside, potentially leading to further price increases. The stock's price is being driven by strong buying pressure, which is expected to continue. As a result, bullish momentum is likely to prevail in the market.
Analysts have identified significant upside potential in the iShares Core S&P U.S. Growth ETF (IUSG), with an implied analyst target price of $170.74 per unit, representing a 9.80% gain from its recent trading price of $155.51 per unit [1]. This optimism is driven by the performance of several key holdings within the ETF.
CNX Resources Corp (CNX), Planet Fitness Inc (PLNT), and Abercrombie & Fitch Co (ANF) are among the notable holdings with substantial upside to their analyst target prices. CNX has a 10.91% potential gain, with analysts targeting $32.23 per share compared to its recent price of $29.06. PLNT has a 10.37% upside, with analysts expecting the stock to reach $116.31 per share from its recent price of $105.38. ANF also shows promise with a 10.17% potential gain, with analysts targeting $113.88 per share compared to its recent price of $103.36 [1].
A technical indicator, the KDJ Golden Cross, was triggered on August 14, 2025, at 14:45 on CNX Resources' 15-minute chart. This crossover indicates a shift in momentum towards the upside, potentially leading to further price increases. The stock's price is being driven by strong buying pressure, which is expected to continue, suggesting bullish momentum is likely to prevail in the market [2].
While analysts' targets provide a basis for optimism, investors should conduct further research to assess the validity of these targets. A high price target relative to a stock's trading price can reflect optimism about the future but can also be a precursor to target price downgrades if the targets were a relic of the past. Factors such as recent company and industry developments should be considered when evaluating these targets.
References:
[1] https://www.nasdaq.com/articles/iusgs-underlying-holdings-could-mean-10-gain-potential
[2] https://www.nasdaq.com/articles/technical-indicator-kdj-golden-cross-on-cnx-resources
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