Genesis Energy's 15-minute chart has recently triggered a MACD Death Cross and a bearish Marubozu pattern on August 12, 2025 at 12:00 PM. This suggests that the stock price has the potential to continue its downward trajectory, with sellers dominating the market and bearish momentum likely to persist.
Genesis Energy's (GEL) 15-minute chart has recently triggered a MACD Death Cross and a bearish Marubozu pattern on August 12, 2025 at 12:00 PM. This suggests that the stock price has the potential to continue its downward trajectory, with sellers dominating the market and bearish momentum likely to persist.
The MACD Death Cross occurs when the MACD line crosses below the signal line, indicating a change in the stock's momentum from bullish to bearish. The bearish Marubozu pattern, characterized by a candle with no upper wick and a long lower wick, further supports the bearish sentiment. This pattern indicates that the stock price is likely to continue its downward trajectory as sellers are in control of the market [1].
Genesis Energy LP (GEL) has experienced significant shifts in its 15-minute chart, with notable technical indicators suggesting a potential downward trend in stock price. On July 7, 2025, at 13:45, the chart displayed a KDJ Death Cross and a Bearish Marubozu pattern, which are strong signals that the momentum of the stock price is shifting towards the downside, indicating a potential further decrease in value [1].
Additionally, Genesis Energy LP recently reported its second quarter 2025 earnings, which showed mixed results. The company reported a net loss of $0.4 million, a substantial reduction from the $8.7 million loss incurred in Q2 2024. Revenue reached $377.3 million, reflecting a 12.3% year-over-year decline. Despite these financial challenges, the company's cash flows from operating activities improved to $47.0 million, up from $104.7 million in the same period last year [2].
Looking ahead, Genesis Energy LP remains focused on generating free cash flow and reducing its leverage ratio. The company expects to use its estimated free cash flow to begin paying down its revolver balance in the third quarter and anticipates exiting the year with no outstanding borrowings under its senior secured revolving credit facility [2].
In conclusion, Genesis Energy faces both technical and financial headwinds, as indicated by the recent technical indicators and mixed earnings report. Investors should closely monitor the company's performance and technical signals to make informed investment decisions.
References:
[1] https://www.ainvest.com/news/genesis-energy-15-min-chart-sees-kdj-death-cross-bearish-marubozu-pattern-2508/
[2] https://www.nasdaq.com/articles/genesis-energy-gel-q2-revenue-down-12
Comments
No comments yet