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Descartes Systems Group's 15min chart triggers Bollinger Bands Narrowing, KDJ Death Cross.
ByAinvest
Monday, Aug 11, 2025 3:50 pm ET1min read
In a recent technical analysis of Descartes Systems Group, the 15-minute chart has exhibited a narrowing of Bollinger Bands and a Death Cross on the KDJ indicator at 08/11/2025 15:45. This suggests a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, with potential for further decreases in the stock price.
On August 11, 2025, at 15:45, the 15-minute chart for Descartes Systems Group (DSGX) exhibited a significant technical shift. The chart indicated a narrowing of Bollinger Bands and a Death Cross on the KDJ indicator, suggesting a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside.This development follows a series of bearish signals observed in the recent past. On July 29, 2025, the 15-minute chart showed a MACD Death Cross and Bollinger Bands Narrowing, indicating a potential continuation of the downward trend [1]. Further reinforcement of the bearish sentiment was seen on August 4, 2025, with a KDJ Death Cross and a Bearish Marubozu [2].
Despite the acquisition of Finale Inventory for up to $55 million, these technical indicators have not been enough to mitigate the bearish signals. The company's stock closed at $106.45 per share on July 24, 2025, with a market capitalization of $9.155 billion. Investors should exercise caution, as the recent technical indicators suggest potential headwinds for the stock.
The Descartes Systems Group Inc. (NASDAQ: DSGX) is a provider of cloud-based logistics and supply chain solutions. The company's recent acquisitions and earnings have shown potential, but the bearish technical indicators indicate that investors should approach the stock with caution.
References:
[1] https://www.ainvest.com/news/descartes-systems-group-15min-chart-shows-macd-death-cross-bollinger-bands-narrowing-kdj-death-cross-2507/
[2] https://www.marketscreener.com/news/the-descartes-systems-group-inc-acquired-finale-inventory-for-55-million-ce7c5edad088f521
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