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CVR Energy's 15min Chart Triggers Bollinger Bands Narrowing, KDJ Death Cross Alert
ByAinvest
Monday, Aug 18, 2025 2:50 pm ET1min read
CVR Energy's 15-minute chart has recently triggered a narrowing of Bollinger Bands, a technical indicator that suggests a decrease in the magnitude of stock price fluctuations. Additionally, a KDJ Death Cross occurred on August 18, 2025 at 14:45, indicating a shift in momentum towards the downside and a potential further decrease in stock price.
Title: Carl Icahn's Q2 Portfolio Adjustments and CVR Energy's Technical IndicatorsActivist investor Carl Icahn made significant changes to his portfolio in the second quarter of 2025, according to his latest 13F filing. The billionaire exited stakes in Dana Inc. (NYSE: DAN) and Illumina (NASDAQ: ILMN), while increasing his holdings in CVR Energy (CVI) and Centuri Holdings (CTRI) [1].
Icahn sold 14.3 million shares of Dana Inc., a medical device company, as part of his Q2 moves. The sale comes amidst Dana's efforts to raise shareholder return targets and signal a commitment to a 10% margin for 2026 [1]. The company's Q2 earnings report indicated a focus on its Off-Highway division, which is nearing the close of a sale.
Meanwhile, Icahn increased his stakes in CVR Energy, a refiner and marketer of crude oil and natural gas, to 70.4 million shares, valued at $1.88 billion at June 30. He also added to his position in Centuri Holdings, a financial services company, with a stake of 6.4 million shares.
These moves reflect Icahn's strategy to adjust his portfolio based on the latest financial data and company performance. As of July 2, 2025, the stock prices and market conditions continue to evolve, and investors should stay updated with the latest developments.
Additionally, CVR Energy's 15-minute chart has recently triggered a narrowing of Bollinger Bands, a technical indicator that suggests a decrease in the magnitude of stock price fluctuations. Furthermore, a KDJ Death Cross occurred on August 18, 2025 at 14:45, indicating a shift in momentum towards the downside and a potential further decrease in stock price.
References:
[1] https://www.ainvest.com/news/carl-icahn-exits-dana-illumina-increases-cvr-energy-stake-q2-2508/
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