Firefly Aerospace's 15-min chart signals RSI overbought, KDJ death cross.

Firefly Aerospace's 15-minute chart has triggered a RSI Overbought signal, accompanied by a KDJ Death Cross at 10:15 on June 6, 2025. This indicates that the stock price has experienced an unusually rapid increase, exceeding fundamental support levels. As a result, there is a notable shift in the momentum of the stock price, suggesting a potential decrease in value in the coming days.

Firefly Aerospace (NASDAQ:FLY) stock has seen a significant increase, with its 15-minute chart triggering both an RSI Overbought signal and a KDJ Death Cross at 10:15 on June 6, 2025. These technical indicators suggest that the stock price has rapidly surpassed fundamental support levels, potentially signaling a shift in momentum.

The rapid rise in Firefly's stock price can be attributed to the company's strategic acquisition of SciTec, Inc. for approximately $855 million in a cash and stock deal Firefly Aerospace stock soars after $855 million SciTec acquisition^[1]. The acquisition, expected to close by year-end 2025, enhances Firefly's capabilities in defense missions and provides operational advantages. SciTec, a national security technology company, specializes in missile warning, tracking, and defense systems. The deal will add SciTec's software analytics, remote sensing, and data processing expertise to Firefly's existing launch, lunar, and in-space services.

However, the RSI Overbought signal and KDJ Death Cross indicate that the stock may be overvalued and could experience a decrease in value in the coming days. This shift in momentum is a cautionary sign for investors, especially those who rely on technical analysis to make trading decisions.

Investors should monitor the regulatory approval process for the acquisition and the broader market conditions that may influence Firefly's stock price. As with any investment, it is crucial to conduct thorough research and consider both fundamental and technical factors before making any trading decisions.