According to the 15-minute chart, Hyster-Yale has triggered a KDJ Death Cross and a Bearish Marubozu pattern at 08:30 on August 15, 2025. This suggests that the momentum of the stock price is shifting towards the downside, with a potential for further decreases. Sellers are currently in control of the market, and it is likely that this bearish momentum will continue.
Hyster-Yale Materials Handling (HY) has experienced a significant shift in its stock price momentum, as indicated by the appearance of a KDJ Death Cross and a Bearish Marubozu pattern on its 15-minute chart on August 15, 2025, at 08:30. These technical indicators suggest a downward trend, with sellers currently in control of the market and a potential for further declines in the future.
The KDJ Death Cross, a bearish signal, occurs when the KDJ line crosses below the D line, indicating a shift in momentum towards the downside. The Bearish Marubozu pattern, characterized by a long red candle with no shadows, signifies strong selling pressure and a potential continuation of the downtrend. Both of these patterns have been observed in HY's 15-minute chart, signaling a bearish outlook.
The earnings report for the company has also been a source of concern. HY reported a loss of $0.79 per share for the previous quarter, which was worse than the expected loss of $0.10 per share. The company beat its EPS estimate 25.00% of the time in the past 12 months, but the overall industry beat the EPS estimate 62.29% of the time in the same period [1].
Analysts have provided a mixed outlook for HY. Three analysts have given a Moderate Buy rating, while one analyst has given a Hold rating. The average price target for the stock is $46.33, representing a 28.73% upside potential from the current price of $35.99 [1].
Looking ahead, investors should closely monitor the company's earnings outlook and the broader industry trends. The Zacks Industry Rank for Manufacturing - Construction and Mining is currently in the bottom 15% of the 250 plus Zacks industries [1].
References:
[1] https://www.ainvest.com/news/hyster-yale-15-minute-chart-shows-kdj-death-cross-bearish-marubozu-pattern-2508-32/
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