JinkoSolar Holding's 15-minute chart has exhibited a significant technical indicator, as the MACD Death Cross and KDJ Death Cross were triggered on September 4, 2025 at 14:45. This suggests that the stock price is poised to continue its downward trajectory, with a shift in momentum towards the downside and potential further decreases in value.
JinkoSolar Holding's 15-minute chart has exhibited a significant technical indicator, as the MACD Death Cross and KDJ Death Cross were triggered on September 4, 2025, at 14:45. This suggests that the stock price is poised to continue its downward trajectory, with a shift in momentum towards the downside and potential further decreases in value.
The MACD (Moving Average Convergence Divergence) Death Cross and KDJ (Kawase) Death Cross are both bearish indicators that signal a potential reversal in the stock's trend. The MACD Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish momentum. The KDJ Death Cross, on the other hand, occurs when the KDJ line crosses below the signal line, also suggesting a downward trend. The combination of these two indicators strengthens the bearish signal, as both suggest that the stock price is likely to decrease.
Furthermore, the presence of a Bearish Marubozu pattern at 13:45 on September 3, 2025, adds to the bearish momentum. A Marubozu pattern is characterized by a single candle that has no shadows, indicating a strong trend in a single direction. In this case, the Marubozu pattern suggests a strong downward trend.
Investors should be cautious, as these technical indicators suggest that JinkoSolar Holding's stock price may continue to decrease. It is essential to monitor the stock closely and consider the potential risks associated with the downward trend. Additionally, investors should consider the broader market conditions and other relevant factors when making investment decisions.
References:
[1] https://www.ainvest.com/news/jinkosolar-holding-15min-chart-signals-bearish-momentum-kdj-death-cross-marubozu-2509/
Comments
No comments yet