Eagle Bancorp: MACD Death Cross, Bollinger Bands Expanding Downward

Eagle Bancorp's 15-minute chart has recently exhibited a MACD Death Cross, accompanied by Bollinger Bands expanding downward as of July 28, 2025 at 10:00. This suggests that the stock price is poised to continue its downward trajectory, with the market trend being driven by selling pressure.

Eagle Bancorp's (EGBN) stock has been experiencing significant downward pressure, with recent technical indicators suggesting a continued decline. As of July 28, 2025, at 10:00, the 15-minute chart exhibited a MACD Death Cross, accompanied by Bollinger Bands expanding downward. This combination of indicators signals a potential continuation of the stock's downward trajectory, driven by selling pressure.

The MACD Death Cross, a widely recognized technical indicator, occurs when the MACD line crosses below the signal line. This typically indicates a bearish trend, suggesting that the stock price is likely to continue its downward movement. The expanding Bollinger Bands, which measure volatility, indicate increased uncertainty and potential for further price drops.

Eagle Bancorp's stock has already experienced a notable decline. On July 25, 2025, the stock price fell by -4.02%, dropping from $16.93 to $16.25 [1]. Over the past two weeks, the stock has lost -22.66%, reflecting the broader market sentiment. The stock's volatility, as measured by the average daily movement of 6.77% over the last week, further highlights the uncertainty surrounding the stock.

The company's recent financial performance has also been a factor in the stock's downward trend. Eagle Bancorp reported a substantial net loss for Q2 2025, with earnings per share (EPS) at -$2.30, a significant miss compared to the forecasted $0.44 [2]. The company also missed its revenue expectations, posting $74.19 million against a forecast of $77.23 million. Following the earnings announcement, Eagle Bancorp’s stock fell by 22.62% in after-hours trading, closing at $21.07.

Given these technical and fundamental indicators, Eagle Bancorp's stock appears to be in a vulnerable position. While there is no immediate support below the current level, the stock may face resistance at $20.05 and $19.30 [1]. The company's revised loan growth outlook to flat and increased deposit growth guidance suggest a cautious approach to future growth. However, the potential for a dividend reduction or suspension could further impact shareholder returns.

Investors should closely monitor Eagle Bancorp's stock and be prepared for potential further declines. The company's recent financial performance and technical indicators suggest that the stock may continue its downward trajectory in the near term.

References:
[1] https://stockinvest.us/stock/EGBN
[2] https://za.investing.com/news/transcripts/earnings-call-transcript-eagle-bancorp-q2-2025-results-show-significant-eps-miss-93CH-3803551