Madison Square Garden Sports 15min chart sees KDJ Golden Cross, Bullish Marubozu Triggered

Madison Square Garden Sports's 15-minute chart has recently triggered a KDJ Golden Cross and a Bullish Marubozu pattern at 08/18/2022 11:00. This suggests that the momentum of the stock price is shifting towards the upside and has the potential to further increase. The buyers are in control of the market, and the bullish momentum is likely to continue.

Madison Square Garden Sports (MSG) has recently shown signs of bullish momentum on its 15-minute chart, with the appearance of a KDJ Golden Cross and a Bullish Marubozu pattern on August 11, 2025, at 15:15 [2]. These technical indicators suggest a shift in the stock's momentum towards the upside, potentially leading to an increase in stock price.

The KDJ Golden Cross, characterized by the crossover of the K line above the D line, indicates a bullish trend. The Bullish Marubozu pattern, marked by a large green candle with no wicks, signifies a strong buying phase with minimal selling pressure. This pattern reinforces the bullish signal, suggesting that buyers are in control of the market [1].

In addition to this bullish technical analysis, MSG reported better-than-expected fiscal fourth-quarter revenue on Tuesday, despite posting a loss. The company's shares edged up 0.58% in after-hours trading following the results. MSG reported a fourth-quarter loss of $0.07 per share, beating analyst expectations for a loss of $0.14 per share. Revenue came in at $204 million, significantly above the consensus estimate of $164.25 million, though down 10% from $227.3 million in the same quarter last year [1].

The revenue decline was primarily attributed to lower playoff-related revenues, as the Rangers failed to qualify for the playoffs this year compared to playing eight home playoff games last year. This was partially offset by the Knicks’ deep playoff run to the Eastern Conference Finals, which included nine home playoff games. The company also noted that in June, it amended media rights agreements with MSG Networks, which included reductions in annual rights fees payable to the Knicks and Rangers by 28% and 18% respectively, effective January 1, 2025 [1].

For the full fiscal year 2025, MSG Sports generated revenues of $1.04 billion, a slight increase of 1% YoY, while operating income fell 90% to $14.8 million compared to $146 million in the prior year. The company's operating loss of $22.6 million for the quarter, compared to operating income of $52.3 million in the prior year period, was largely due to higher provisions for team personnel transactions and league revenue sharing [1].

Investors should closely monitor MSG's technical indicators and valuation metrics to make informed investment decisions. While the recent market conditions may have caused temporary volatility, the bullish momentum indicated by the KDJ Golden Cross and Bullish Marubozu formation suggests that MSG is poised for further upside potential.

References:
[1] https://au.investing.com/news/earnings/madison-square-garden-sports-stock-edges-up-as-q4-revenue-tops-estimates-93CH-3972784
[2] https://www.ainvest.com/news/madison-square-garden-sports-sees-kdj-golden-cross-bullish-marubozu-15-min-chart-2508-64/