Gorilla Technology's 15-min chart indicates a MACD Death Cross and KDJ Death Cross.

The 15-minute chart for Gorilla Technology has recently triggered a MACD Death Cross and a KDJ Death Cross at 09:15 on September 18, 2025. This technical indicator suggests that the stock price has the potential to continue falling, as the momentum of the stock price is shifting towards the downside and is expected to decrease further.

Gorilla Technology Group Inc. (NASDAQ:GRRR) stock experienced a significant rise of 15% on September 18, 2025, following the announcement of a substantial $1.4 billion contract with Freyr Singapore to develop a network of AI-powered data centers across Southeast Asia Gorilla Technology stock soars after $1.4B AI data centre contract^[1]. However, recent technical indicators suggest a potential reversal in the stock's momentum.

On September 18, 2025, at 09:15, the 15-minute chart for Gorilla Technology triggered a MACD Death Cross and a KDJ Death Cross. These technical indicators, widely used by traders to gauge momentum, suggest that the stock price may continue to fall as the momentum shifts towards the downside .

The MACD (Moving Average Convergence Divergence) and KDJ (Keltner Channels) Death Crosses occur when the MACD line crosses below the signal line and the KDJ line crosses below the middle line, respectively. These signals are often seen as bearish indicators, suggesting a potential change in the stock's trend.

Despite the recent contract announcement, which positions Gorilla as the lead provider of AI infrastructure and data center intelligence in Indonesia, Malaysia, and Thailand, the technical indicators raise concerns about the stock's immediate performance. The initial phase of the contract, worth $300 million, is scheduled to launch in the fourth quarter of 2025, with AI services expected to go live in early 2026.

Investors should remain vigilant and monitor the stock's technical indicators closely, as the recent MACD and KDJ Death Crosses may signal a potential downturn in the stock price. However, it is essential to note that technical indicators are not infallible and should be used in conjunction with other forms of analysis.