FiscalNote Holdings' 15min chart signals bearish trend with MACD and KDJ death crosses.

FiscalNote Holdings's 15-minute chart has triggered a MACD Death Cross, KDJ Death Cross, and a Bearish Marubozu at 09/08/2025 13:45. This suggests that the stock price is poised to continue declining, with a shift in momentum towards the downside and a potential for further decreases. Sellers are currently in control of the market, and bearish momentum is likely to persist.

FiscalNote Holdings, Inc. (NYSE: NOTE) has been experiencing a significant technical sell signal in the form of a MACD Death Cross, KDJ Death Cross, and a Bearish Marubozu on its 15-minute chart as of September 08, 2025, at 13:45. This series of events indicates a potential shift in momentum towards the downside, suggesting that the stock price is poised to continue declining. The presence of these technical indicators, which are widely used in technical analysis, signals that sellers are currently in control of the market, and bearish momentum is likely to persist.

Despite this technical sell signal, FiscalNote Holdings has been making strides to improve its platform capabilities. The company has upgraded the reporting features of its PolicyNote platform, which has led to a significant increase in user activity. The enhancements include customizable export fields, improved sponsor and committee data, resizable visualizations, drag-and-drop report editing, and a redesigned user interface. These upgrades have resulted in a more than doubling of the number of reports generated per user and a 92% increase in weekly activity levels [1].

The company's CEO and President, Josh Resnik, has highlighted the progress made in evolving the PolicyNote platform to meet the real-world needs of its customers. The enhancements are aimed at helping public affairs, legal, and policy teams better communicate insights both internally and externally. Users now have greater control over report content, formatting, scheduling, and distribution of policy information across their organizations.

However, the company is facing some operational headwinds, as revenue declined by 15% in the last twelve months, underscoring the importance of platform engagement for future growth. Additionally, FiscalNote Holdings has recently reported its second-quarter 2025 earnings, with earnings per share (EPS) of -0.08 missing the forecasted -0.06. However, revenue exceeded expectations, reaching $23.3 million compared to the anticipated $22.83 million [1].

In other recent news, FiscalNote Holdings completed a reverse stock split of its Class A and Class B common stock, which became effective at 4:30 p.m. on a recent Friday. This reverse stock split consolidates every twelve shares into one share, with no fractional shares being issued. Shareholders will receive cash payments for fractional shares. The company also completed its debt refinancing, restructuring both its senior and most of its subordinated debt to provide increased operating flexibility. The company has delayed its Q2 filing to August 18 to allow time for finalizing additional disclosures related to the refinancing [1].

The combination of positive platform enhancements and operational challenges presents a mixed picture for FiscalNote Holdings. While the technical sell signal suggests a potential decline in stock price, the company's focus on platform consolidation and customer retention may provide a pathway to future growth.

References:
[1] https://www.investing.com/news/company-news/fiscalnote-upgrades-policynote-reporting-capabilities-doubles-user-activity-93CH-4228714