Madrigal's 15-Min Chart Triggers KDJ Golden Cross, Bullish Marubozu Pattern

Wednesday, Aug 13, 2025 12:17 pm ET1min read

According to the 15-minute chart analysis, Radware's stock price has triggered a KDJ Golden Cross and a Bullish Marubozu at 08/13/2025 12:00. This indicates that the momentum of the stock price is shifting towards the upside, potentially leading to further increases. As the buyers continue to dominate the market, it is likely that bullish momentum will persist.

Radware's (NASDAQ:RDWR) 15-minute chart analysis reveals a significant shift in momentum, with the stock triggering a KDJ Golden Cross and a Bullish Marubozu on August 13, 2025, at 12:00. This technical analysis suggests that the stock price is poised for upward movement, potentially leading to further increases. The presence of these indicators indicates that buyers are in control of the market, and bullish momentum is likely to persist.

The KDJ Golden Cross, a bullish signal, occurs when the K line crosses above the J line. This pattern is often accompanied by strong buying pressure, as indicated by the absence of wicks on the candles, forming a Bullish Marubozu pattern. The combination of these indicators suggests that Radware's stock price may continue to rise, with buyers dominating the market [1].

Additionally, Radware's stock has shown signs of overselling, with its Relative Strength Index (RSI) reading falling below 30. This indicates that the stock is in oversold territory and may be due for a rebound. The RSI value is not the only factor suggesting a potential turnaround; there has also been strong agreement among sell-side analysts in raising earnings estimates for the current year. Over the last 30 days, the consensus EPS estimate for RDWR has increased by 26.8%, which typically translates into price appreciation in the near term. Furthermore, Radware currently has a Zacks Rank #2 (Buy), indicating that it is in the top 20% of more than 4,000 stocks ranked based on trends in earnings estimate revisions and EPS surprises [2].

Investors should closely monitor these developments as they may indicate a change in Radware's stock price trajectory. While the company's recent performance has been robust, these technical indicators suggest a potential slowdown or reversal in the near term. For a more comprehensive analysis, investors should consider the broader market context and other fundamental indicators.

References:
[1] https://www.ainvest.com/news/radware-15min-chart-triggers-macd-death-cross-kdj-death-cross-bearish-marubozu-2508/
[2] https://www.nasdaq.com/articles/radware-rdwr-loses-152-4-weeks-heres-why-trend-reversal-may-be-around-corner

Comments



Add a public comment...
No comments

No comments yet