Six Flags' 15min chart signals Bollinger Bands Narrowing, KDJ Death Cross detected.

Monday, Jul 14, 2025 2:17 pm ET1min read

Based on the 15-minute chart for Six Flags, the Bollinger Bands have narrowed, and a KDJ Death Cross occurred on July 14th, 2025 at 14:00. This suggests that the magnitude of stock price fluctuations is decreasing, and the momentum of the stock price is shifting towards the downside, potentially leading to further declines.

Title: Six Flags Stock Faces Potential Downward Pressure Amidst Market Indicators

As of July 2, 2025, the 15-minute chart for Six Flags (FUN) has shown a narrowing of the Bollinger Bands and a KDJ Death Cross on July 14, 2025, at 14:00. These technical indicators suggest that the magnitude of stock price fluctuations is decreasing, and the momentum of the stock price is shifting towards the downside, potentially leading to further declines. This development comes amidst a backdrop of ongoing challenges for the company, including park closures, post-COVID attendance declines, and high debt levels.

Six Flags, the largest amusement park operator in North America, has been facing several headwinds since its merger with Cedar Fair in 2023. The combined company now operates 27 amusement parks, 15 water parks, and 9 resorts, with a significant presence in the United States. However, the company has announced the closure of Six Flags America and Hurricane Harbor, and there are concerns over the low-performing California’s Great America’s lease, which might also close [1].

The company's attendance numbers have not fully recovered since the COVID-19 pandemic, with attendance dropping from a peak of 61 million visitors in 2019 to 50 million in 2024. The company expects to get back to 58 million guests in 2028, but this recovery will take time [1]. The company's debt load post-merger stands at $5 billion, which adds to its financial pressures [1].

Despite these challenges, some analysts believe that Six Flags has significant competitive advantages and a strong long-term outlook. The company's focus on regional experiences and its network effects are seen as key strengths. Additionally, the expansion of its membership program, the All Park Passport, is expected to be a major growth driver [1].

However, the recent technical indicators suggest a potential downward trend in the stock price. The narrowing of the Bollinger Bands indicates that the stock's volatility is decreasing, while the KDJ Death Cross signals a shift in momentum towards the downside. These indicators, along with the company's ongoing challenges, suggest that investors should be cautious and monitor the situation closely.

References
[1] https://seekingalpha.com/article/4801067-six-flags-stock-roller-coaster-worth-riding

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