ConnectOne's 15min Chart Triggers KDJ Death Cross, Bearish Marubozu Pattern

Friday, Aug 15, 2025 1:09 pm ET1min read

The 15-minute chart of ConnectOne's stock has recently triggered a KDJ Death Cross and a Bearish Marubozu at 13:00 on August 15, 2025. This suggests that the momentum of the stock price has shifted towards the downside and is likely to continue in this direction, with sellers dominating the market. This bearish momentum is expected to persist, and further decreases in the stock price are possible.

ConnectOne Bancorp's (NASDAQ:CNOB) stock has recently experienced a significant shift in momentum, with the 15-minute chart triggering a KDJ Death Cross and a Bearish Marubozu pattern at 13:00 on August 15, 2025. This technical indicator combination signals a potential downward trend in the stock price, with sellers currently in control of the market.

The KDJ Death Cross is a technical indicator that signals a potential reversal in the stock's price trend, shifting towards the downside. The Bearish Marubozu pattern, characterized by long-bodied candlesticks with no upper or lower wicks, further reinforces this bearish sentiment. These indicators suggest that the stock's momentum is likely to persist in a downward direction, with a potential for further price decreases [1].

ConnectOne Bancorp has been reporting mixed financial performance. While the company reported strong quarterly earnings in Q2 2025, surpassing analyst expectations, the stock price has since experienced a downward trend [2]. The company's fiscal 2025 Q2 earnings report highlighted a notable recovery in net income, swinging from a loss of $2.17 billion in the previous year to a profit of $317.80 million. Additionally, ConnectOne raised its full-year 2025 guidance, expecting revenue growth of up to 1.0% [2].

Despite the positive earnings report, the technical indicators suggest a bearish outlook. The market appears to be under the control of sellers, and the bearish momentum is likely to persist. Investors should remain cautious and monitor the stock closely for any signs of a reversal in the downward trend.

In addition to the technical indicators, the company's recent acquisition of The First of Long Island Corporation (FLIC) has expanded its branch network and loan portfolio, positioning the company for future growth and operational efficiencies [3]. However, the financial report for the third quarter of 2025 highlighted a net loss of $51,000, primarily due to increased provisions for credit losses and merger expenses [3].

ConnectOne Bancorp anticipates continued growth and integration benefits from the FLIC acquisition, with expectations of enhanced operational efficiencies and expanded market reach. The company remains focused on leveraging its expanded branch network and customer base to drive future growth.

References:
[1] https://www.ainvest.com/news/connectone-15min-chart-triggers-kdj-death-cross-bearish-marubozu-formation-2508/
[2] https://www.ainvest.com/news/bio-rad-laboratories-2025-q2-earnings-strong-performance-net-income-swings-114-7-2508/
[3] https://www.tradingview.com/news/tradingview:0cec80f8640ad:0-connectone-bancorp-inc-sec-10-q-report/

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