Connexa Sports's 15min chart triggers MACD Death Cross, KDJ Death Cross, and Bearish Marubozu.

Connexa Sports's 15-minute chart has recently triggered a MACD Death Cross, a KDJ Death Cross, and a Bearish Marubozu at 08/14/2025 13:45. These technical indicators suggest that the stock price has the potential to continue its downward trajectory, as the momentum is shifting towards the downside and sellers are in control of the market. The bearish momentum is likely to persist, as the stock price has the potential to further decrease.

Connexa Sports Technologies Inc. (YYAI), a company specializing in advanced matchmaking technology and AI-powered platforms, has recently experienced significant technical indicators suggesting a potential downward trend in its stock price. On August 14, 2025, at 13:45, the 15-minute chart of Connexa Sports triggered a MACD Death Cross, a KDJ Death Cross, and a Bearish Marubozu candlestick pattern. These indicators, combined with the stock's recent volatility and short interest, indicate a potential continuation of the downward trajectory.

The MACD Death Cross, a technical indicator that combines the MACD and signal lines, signals a potential reversal in the stock's price trend. When the MACD line crosses below the signal line, it is considered a bearish signal. Similarly, the KDJ Death Cross, a combination of the K and D lines of the KDJ oscillator, also signals a potential downward trend when the D line crosses below the K line. The Bearish Marubozu pattern, characterized by a long white candle with no wicks, indicates strong selling pressure and a potential downward trend.

Connexa Sports has shown significant short interest, with 157,500 shares shorted as of July 15, 2025, representing a 3,050% increase from the previous month [1]. The stock's volatility is evident, with a one-year price range from $0.35 to $16.50. Despite the recent technical indicators, Connexa Sports continues to receive institutional support. A hedge fund, Private Advisor Group LLC, purchased 38,400 shares of the company's stock during the first quarter of 2025 [1]. Institutional investors hold approximately 4.03% of the company's stock.

On August 11, 2025, the stock price fell by -13.47% from $4.75 to $4.11, with a market capitalization of $51.98 million [2]. The stock traded up 1.1% to $3.57 on July 15, 2025. The stock is expected to rise 182.24% during the next 3 months, with a 90% probability of holding a price between $5.08 and $13.55 at the end of this 3-month period [2]. However, the short-term Moving Average signals a sell, while the long-term average signals a buy, indicating a general buy signal in the stock. The stock may meet resistance from the short-term Moving Average at approximately $4.19 and find support from the long-term average at approximately $2.07.

Connexa Sports Technologies Inc. engages in the sports equipment and technology business in the United States, offering products such as Slinger Launcher and Slinger Bag Launcher, as well as AI technology and performance analytics for sports through its Gameface platform.

References:
[1] https://www.marketbeat.com/instant-alerts/connexa-sports-technologies-inc-nasdaqyyai-short-interest-up-30500-in-july-2025-08-01/
[2] https://stockinvest.us/stock/YYAI