The 15-minute chart for Golden Entertainment has recently triggered a KDJ Death Cross and a Bearish Marubozu pattern, which occurred at 13:00 on August 15, 2025. This suggests that the momentum of the stock price has shifted towards the downside and has the potential to further decrease. The sellers are currently in control of the market, and it is likely that the bearish momentum will continue.
Golden Entertainment's 15-minute chart has triggered a KDJ Death Cross and a Bearish Marubozu pattern at 13:00 on August 15, 2025. This indicates a significant shift in momentum towards the downside, with potential for further decreases in stock price. Sellers are currently in control of the market, and the bearish momentum is likely to persist [1].
The KDJ Death Cross, formed when the KDJ line crosses below the signal line, is a strong bearish signal. It suggests a potential shift in the stock's momentum towards the downside. This development follows a broader trend of narrowing Bollinger Bands and bearish Marubozu patterns observed in several other stocks, including ASGN and Cushing NextGen [1].
Golden Entertainment's recent earnings report was positive, with earnings of $0.17 per share for the quarter ended June 2025, beating the Zacks Consensus Estimate of $0.14 per share. However, the company's revenues for the quarter were $163.62 million, missing the Zacks Consensus Estimate by 1.49% [1]. While the earnings surprise was positive, the revenue miss indicates potential challenges for the company.
The sustainability of Golden Entertainment's stock price will depend on management's commentary during the earnings call and future earnings expectations. Analysts have noted that the company has surpassed consensus EPS estimates two times over the last four quarters, but has not been able to beat consensus revenue estimates over the same period [1].
Golden Entertainment's slump, now more than 1,100 days long, is rooted in the absence of Satoguna during its Guna Triads. Unless the monthly chart's Phase 9 breakout potential materializes, the stock is likely to remain sluggish until at least late 2025, with $19 as a possible near-term target [3].
In conclusion, while Golden Entertainment's recent earnings report was positive, the series of analyst downgrades and price target adjustments suggest caution among investors. The company's ability to navigate industry challenges and deliver on earnings expectations will be crucial for its stock's performance.
References:
[1] https://www.ainvest.com/news/golden-entertainment-15min-chart-shows-kdj-death-cross-bearish-marubozu-pattern-2508/
[3] https://www.benzinga.com/markets/equities/25/08/47066488/why-golden-entertainment-stock-has-been-falling-for-over-1-100-days
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