According to the 15-minute chart of ConnectOne, a significant bullish trend has emerged. The KDJ Golden Cross, which occurred at 12:00 PM on August 14, 2025, indicates a shift in the momentum of the stock price towards the upside, with potential for further increase. This bullish momentum is likely to continue, as buyers are currently in control of the market.
On August 14, 2025, at 12:00 PM, ConnectOne Bancorp's 15-minute chart triggered a significant technical indicator, the KDJ Golden Cross, accompanied by a Bullish Marubozu formation [1]. This development suggests a shift in the momentum of the stock price towards the upside, potentially indicating further growth. The presence of a Bullish Marubozu candlestick pattern reinforces this bullish trend, indicating that buyers have taken control of the market.
Historically, a Golden Cross is a reliable signal of a bullish trend reversal. It occurs when a stock's 50-day simple moving average crosses above its 200-day simple moving average, indicating a shift in the stock's momentum towards the upside [1]. The Bullish Marubozu pattern further supports this bullish trend, as it signifies strong buying pressure and a lack of selling pressure.
ConnectOne Bancorp's recent acquisition of The First of Long Island Corporation (FLIC) has notably expanded its branch network and loan portfolio, positioning the company for future growth and operational efficiencies [2]. The company reported net interest income of $144.6 million for Q3 2025, up from $121.7 million, highlighting effective interest rate management and loan growth [2].
The current market conditions, where buyers are controlling the market, suggest that the bullish momentum for ConnectOne Bancorp is likely to persist. Investors may want to keep an eye on ConnectOne Bancorp for potential gains in the near future.
References:
[1] https://www.ainvest.com/news/pc-connection-15-minute-chart-shows-kdj-golden-cross-bullish-marubozu-pattern-2507/
[2] https://www.tradingview.com/news/tradingview:0cec80f8640ad:0-connectone-bancorp-inc-sec-10-q-report/
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