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Daily Journal Triggers MACD Death Cross and KDJ Death Cross on 15min Chart
ByAinvest
Thursday, Oct 2, 2025 10:33 am ET1min read
According to the daily journal's 15-minute chart, the MACD Death Cross and KDJ Death Cross indicators were triggered on October 2, 2025, at 10:30. This suggests that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may lead to further decreases in the stock price.
Cardlytics (CDLX), a leading provider of purchase-based advertising intelligence, has been facing significant challenges in recent months. On October 2, 2025, the company announced a workforce reduction and cost-saving initiative, cutting approximately 120 full-time employees and contractors, representing 30% of its total workforce [1]. This move is part of an enterprise-wide cost savings program aimed at delivering annualized cash savings of at least $26 million.The company also reported mixed financial results for the second quarter of 2025. Revenue decreased by 9% year-over-year to $63.2 million, while billings fell by 6% to $104.0 million. Despite these declines, the company reported a net loss of $(9.3) million, or $(0.18) per share, compared to $(4.3) million in Q2 2024. However, operational improvements were noted, with Adjusted EBITDA of $2.7 million, compared to $(2.3) million in the previous year. Monthly qualified users increased by 19% to 224.5 million .
Additionally, Cardlytics has been focusing on strategic cost management and platformization efforts to navigate current headwinds. The company's CEO, Amit Gupta, emphasized the importance of diversification and network capabilities for long-term profitable growth .
Further, on September 15, 2025, Cardlytics announced the complete repayment of its $46.1 million 1.00% convertible senior notes due September 15, 2025. This move demonstrates the company's commitment to disciplined cash management and achieving positive adjusted EBITDA for 2025 and 2026 .
However, technical indicators suggest potential further declines in the stock price. According to the daily journal's 15-minute chart, the MACD Death Cross and KDJ Death Cross indicators were triggered on October 2, 2025, at 10:30. This suggests that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may lead to further decreases in the stock price .
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