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DoubleVerify's 15min chart indicates RSI oversold and KDJ golden cross.
ByAinvest
Friday, Sep 12, 2025 1:51 pm ET1min read
Based on DoubleVerify's 15-minute chart, there have been two notable technical indicators triggered. Firstly, the Relative Strength Index (RSI) has reached oversold levels, indicating that the stock price has dropped too rapidly and is lower than its fundamental support. Secondly, the KDJ (Stochastic KDJ) has formed a golden cross, which is a bullish signal that the momentum of the stock price is shifting towards the upside. This suggests that the stock price has potential to further increase in the near future.
Graco Inc. (GGG), a leading provider of fluid handling solutions, has seen two notable technical indicators triggered on its 15-minute chart, signaling potential upward movement in the stock price. The Relative Strength Index (RSI) has reached oversold levels, indicating that the stock price has dropped too rapidly and is currently lower than its fundamental support. Additionally, the KDJ (Stochastic KDJ) has formed a golden cross, a bullish signal that suggests a shift in the momentum of the stock price towards the upside.The RSI is a momentum oscillator that measures the speed and change of price movements. When the RSI falls below 30, it is considered oversold, indicating that the stock price has declined too quickly and may be due for a rebound. In Graco's case, the RSI reaching oversold levels suggests that the stock price has dropped too rapidly, creating an opportunity for a potential recovery.
The KDJ (Stochastic KDJ) is another momentum indicator that compares a security's closing price to its price range over a certain period. A golden cross occurs when the K line crosses above the D line, indicating a bullish signal. This suggests that the stock price has potential to further increase in the near future.
Graco's recent financial performance has been mixed, with net sales increasing 3% in the second quarter of 2025 to $571.8 million, but net earnings declining 4% to $127.6 million. The company's acquisition of Color Service S.r.l. for €63 million has aimed to enhance its powder handling portfolio and create growth opportunities, but the impact on earnings remains to be seen.
Despite the mixed performance, the technical indicators suggest that Graco's stock price has potential to increase in the near future. However, investors should exercise caution and conduct thorough research before making any investment decisions.
Reference list:
[1] https://www.stocktitan.net/news/GGG/
https://www.stocktitan.net/news/GGG/
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