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DoubleVerify's 15min chart triggers MACD Golden Cross, Bollinger Bands expand upward.
ByAinvest
Tuesday, Aug 26, 2025 10:03 am ET1min read
Based on the 15-minute chart analysis for DoubleVerify, the MACD indicator has recently formed a Golden Cross, and the Bollinger Bands are expanding upward as of August 26, 2022, at 10:00. This technical analysis suggests that the stock price has the potential to continue rising, and the prevailing market trend is being driven by buying activity.
Based on recent technical analysis, DoubleVerify Holdings, Inc. (NYSE: DV) has shown promising signs of a potential uptrend. As of August 26, 2022, at 10:00, the 15-minute chart for DoubleVerify indicated a Golden Cross formation of the MACD indicator, suggesting a bullish trend. Additionally, the Bollinger Bands expanded upward, further suggesting a potential rise in the stock price [1].The prevailing market trend appears to be driven by buying activity, as indicated by these technical indicators. The Golden Cross, a bullish signal, occurs when the MACD line crosses above the signal line, typically signaling a potential upward movement in the stock price. The upward expansion of the Bollinger Bands suggests increased volatility and potential price appreciation [1].
Institutional investors and hedge funds have also shown interest in DoubleVerify. Aigen Investment Management LP decreased its position in DoubleVerify by 75.9% in the first quarter, while Signaturefd LLC increased its stake by 582.9%. Other notable changes include increases by Versant Capital Management Inc, Headlands Technologies LLC, Redwood Investments LLC, and Covestor Ltd [2].
DoubleVerify reported its quarterly earnings on August 5, 2022, with earnings per share (EPS) of $0.05, missing the consensus estimate of $0.06. The company's revenue for the quarter was $189.02 million, up 21.3% year-over-year. Analysts have set new price targets, with several brokerages lifting their price objectives and giving the company a "buy" rating [2].
Despite these positive indicators, it is essential for investors to conduct thorough research and consider their risk tolerance before making investment decisions. Technical indicators provide insights into market trends but should be used in conjunction with fundamental analysis for a comprehensive view of the company's financial health.
References:
[1] https://www.ainvest.com/news/doubleverify-15min-chart-triggers-macd-golden-cross-bollinger-bands-expand-upward-2508/
[2] https://www.marketbeat.com/instant-alerts/filing-aigen-investment-management-lp-decreases-position-in-doubleverify-holdings-inc-nysedv-2025-08-16/
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