According to the 15-minute chart provided by Essential, a significant bearish trend is emerging. The recent KDJ Death Cross, coupled with the presence of a Bearish Marubozu candlestick pattern at 09/09/2025 14:30, indicates that the momentum of the stock price is shifting towards the downside and has the potential to further decrease. This suggests that sellers are currently in control of the market and that the bearish momentum is likely to continue.
Title: Bearish Indicators Signal Potential Decline in Essential Stock
Essential's stock price has shown significant bearish trends according to the 15-minute chart provided by the company. On September 9, 2025, at 14:30, the KDJ Death Cross and a Bearish Marubozu candlestick pattern emerged, signaling a shift in momentum towards the downside. These indicators suggest that sellers currently dominate the market and that the bearish momentum is likely to persist.
The KDJ Death Cross occurs when the K line of the KDJ indicator crosses below the D line, signaling a potential shift in the stock's momentum towards the downside. The Bearish Marubozu candlestick pattern, characterized by a long body with no shadows above or below, suggests that the stock is being driven by strong selling pressure
First Internet Triggers MACD Death Cross, KDJ ...[1]. These signals follow a broader trend of narrowing Bollinger Bands and KDJ Death Cross formations observed in several other stocks, including ASGN and Cushing NextGen [^2, 3].
Technical analysis provides valuable insights into potential stock price movements, but it is crucial for investors to consider these signals in conjunction with fundamental analysis and broader market conditions. As of July 7, 2025, several notable companies have seen updates to their analyst ratings and price targets, reflecting the evolving opinions of financial experts. Positive Outlook: Alnylam Pharma (ALNY) received a "Buy" rating from Jefferies with a price target of $384.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. Chime Financial (CHYM) was initiated with an "Overweight" rating by multiple firms, including Morgan Stanley and Barclays, with targets ranging from $39.00 to $40.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. CryoPort (CYRX) was rated "Buy" by BTIG Research with a price target of $10.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. Datadog (DDOG) had its price target raised from $150.00 to $175.00 by Bank of America, reiterating a "Buy" rating
First Internet Triggers MACD Death Cross, KDJ ...[1]. Energy Transfer (ET) was initiated with a "Buy" rating by TD Cowen with a price target of $22.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. Grab (GRAB) was rated "Buy" by Jefferies with a price target of $5.70, indicating a 20.94% upside
First Internet Triggers MACD Death Cross, KDJ ...[1]. Home Depot (HD) was rated "Buy" by TD Cowen with a price target of $470.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. Intuit (INTU) was rated "Buy" by Morgan Stanley with a price target of $900.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. JPMorgan Chase & Co. (JPM) had a $298.00 target set by Evercore ISI with an "Outperform" rating
First Internet Triggers MACD Death Cross, KDJ ...[1]. Kinder Morgan (KMI) was initiated with a "Buy" rating by TD Cowen
First Internet Triggers MACD Death Cross, KDJ ...[1]. Lam Research (LRCX) had its "Buy" rating reiterated by Citigroup
First Internet Triggers MACD Death Cross, KDJ ...[1]. MACOM Technology Solutions (MTSI) had its target raised from $136.00 to $154.00 by Truist Financial, maintaining a "Buy" rating
First Internet Triggers MACD Death Cross, KDJ ...[1]. Monopar Therapeutics (MNPR) was initiated with an "Overweight" rating by Cantor Fitzgerald and a target of $74.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. Norwegian Cruise Line (NCLH) received a "Buy" rating from Jefferies with a price target of $29.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. Oracle (ORCL) received a "Buy" rating from UBS with a $250.00 target
First Internet Triggers MACD Death Cross, KDJ ...[1]. Oportun Financial (OPRT) was rated "Buy" at B. Riley Financial with an $11.00 price target
First Internet Triggers MACD Death Cross, KDJ ...[1]. Ovintiv (OVV) was rated "Buy" at Barclays Capital with a price target of $55.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. Phibro Animal Health (PAHC) was upgraded at JPMorgan Chase from Neutral to Overweight, with the price target raised from $25.00 to $35.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. Progressive (PGR) was downgraded by Morgan Stanley from Overweight to Equal Weight, with a price target of $290.00
First Internet Triggers MACD Death Cross, KDJ ...[1]. Pulse Biosciences (PLSE) was initiated by Oppenheimer with an "Outperform" rating and a $22.00 price target
First Internet Triggers MACD Death Cross, KDJ ...[1]. PTC (PTC) had its Overweight rating reiterated by KeyCorp Bank
First Internet Triggers MACD Death Cross, KDJ ...[1]. Rockwell Automation (ROK) was initiated by CICC Research with a "Buy" rating and a price target of $320.00
First Internet Triggers MACD Death Cross, KDJ ...[1].
References:
First Internet Triggers MACD Death Cross, KDJ ...[1] https://www.ainvest.com/news/internet-15min-chart-shows-macd-kdj-death-cross-bearish-marubozu-2509/
https://www.ainvest.com/news/internet-15min-chart-shows-kdj-death-cross-bearish-marubozu-pattern-2509-4/
https://www.ainvest.com/news/employers-holdings-kdj-golden-cross-bullish-marubozu-15min-chart-2508-83/
Comments
No comments yet