GigaCloud Technology's 15min chart shows Bollinger Bands narrowing, KDJ death cross.

According to the 15-minute chart for GigaCloud Technology, the Bollinger Bands are narrowing, and a KDJ Death Cross was triggered on August 20, 2025, at 13:15. This indicates 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 decreases.

GigaCloud Technology (GCT) has authorized a new share repurchase program, with the Board approving up to $111 million in class A ordinary shares over the next three years. The program commences on August 17, 2025, replacing the previous one [1]. The company's Chief Financial Officer, Erica Wei, highlighted the strong balance sheet, including zero debt and consistent positive operating cashflows, as the basis for this initiative.

The announcement of the repurchase program coincides with significant technical indicators on GCT's 15-minute chart. On August 20, 2025, at 13:15, the Bollinger Bands narrowed, indicating a decrease in the magnitude of stock price fluctuations [2]. Additionally, a KDJ Death Cross was triggered, suggesting a shift in momentum towards the downside, potentially leading to further decreases in stock price [3].

Investors should monitor these developments closely, as the repurchase program and technical indicators may influence GCT's stock performance. The narrowing Bollinger Bands and KDJ Death Cross indicate a potential change in the stock's trend, which could be a sign of a downturn.

References:
[1] https://www.nasdaq.com/articles/gigacloud-technology-board-authorizes-share-repurchase-program
[2] https://www.ainvest.com/news/stock/gct/
[3] https://www.tradingview.com/news/reuters.com,2025:newsml_TUAVTRFG:0-gigacloud-technology-appoints-highly-respected-industry-veteran-kerry-lebensburger-to-board-of-directors/