According to MacKenzie Realty's 15-minute chart, a KDJ Death Cross and Bearish Marubozu pattern was triggered at 08:00 on August 20, 2023. This suggests a shift in momentum towards the downside, with potential for further price decreases. Sellers are currently in control of the market, and bearish momentum is likely to persist.
MacKenzie Realty Capital's CEO, Robert E. Dixon, recently acquired 9,000 shares of the company's common stock on August 18, 2025, at a price of $5.1 per share, totaling $45,900 [1]. This purchase, as reported in a SEC filing, follows the company's recent stock performance and market trends.
According to the company's 15-minute chart, a KDJ Death Cross and a Bearish Marubozu pattern were triggered at 08:00 on August 20, 2023. This technical analysis indicates a shift in momentum towards the downside, suggesting potential further price decreases. The Bearish Marubozu pattern, characterized by a long lower shadow and no upper shadow, reinforces the bearish sentiment, indicating that sellers are currently in control of the market [2].
These technical indicators align with broader market trends. For instance, Lennar B's (LEN.B) 15-minute chart has shown similar bearish signals, with Bollinger Bands expanding downward and a Bearish Marubozu pattern observed on August 20, 2025, at 13:00. This suggests a continuation of bearish trends [3].
Investors should remain cautious and closely monitor MacKenzie Realty Capital's performance. The recent technical signals suggest a potential shift in market sentiment, with bearish indicators gaining traction. While the company's CEO's purchase of shares indicates confidence in the company's future, the current market trends indicate a need for vigilance.
References:
[1] https://www.tradingview.com/news/tradingview:df5eb6777c3f0:0-mackenzie-realty-capital-ceo-acquires-9-000-shares/
[2] https://www.ainvest.com/news/bloomberg-news-15min-chart-shows-bearish-marubozu-bollinger-bands-expanding-downward-2508-74/
[3] https://www.ainvest.com/news/greenwich-15min-chart-shows-kdj-death-cross-bearish-marubozu-formation-2508-14/
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