According to the 15-minute chart, Madrigal's technical indicators have triggered a MACD Death Cross and a KDJ Death Cross, accompanied by a Bearish Marubozu at 08/29/2025 10:00. This suggests that the stock price is likely to continue its downward trajectory, with a momentum shift towards the downside and a potential further decrease in value. The sellers appear to be in control of the market, and the bearish momentum is likely to persist.
Teck Resources Ltd. (TSX: TECK) experienced a significant drop in its stock price following the release of its second-quarter 2025 earnings report. The company reported a mixed bag of results, with earnings per share (EPS) exceeding expectations but revenue falling short of forecasts. Despite the EPS beat, the stock price dropped by 14.49% in pre-market trading, closing at $33.00.
Raymond James analyst Brian MacArthur maintained a Buy rating for Teck Resources with a price target of C$64.00, citing the company's quarterly revenue of $2.02 billion and net profit of $206 million [1]. MacArthur believes in the company's potential for substantial future growth, as indicated by its current P/E ratio of 108.5x [1].
Key takeaways from Teck Resources' Q2 2025 earnings include:
- EPS Surprise: The company exceeded EPS expectations with a 65.22% surprise.
- Revenue Miss: Revenue fell short of forecasts, impacting investor sentiment.
- Stock Performance: Teck Resources' stock price dropped by 14.49% in pre-market trading.
- Shareholder Returns: The company announced significant returns to shareholders, totaling $1.1 billion year-to-date.
Additionally, Teck Resources' adjusted EBITDA grew by 3% year-over-year to $722 million, driven by profitable Trail operations, reduced smelter processing charges, and a 21% reduction in corporate overhead costs. The company's zinc segment maintained robust performance, with gross profits up 137% to $159 million [1]. The company maintains a positive outlook, with a 2025 copper production guidance of 470,000 to 525,000 tonnes and targeting copper production growth to 800,000 tonnes by the end of the decade. Future cash flows are expected to be returned to shareholders, ranging from 30% to 100% [1].
However, a recent 15-minute chart analysis indicated a KDJ Death Cross and Bearish Marubozu pattern on August 25, 2022, at 15:30, suggesting a shift in the stock's momentum towards the downside. This pattern, along with the recent stock price drop, may indicate that sellers are currently in control of the market, and it is likely that the bearish momentum will continue [3].
References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-teck-resources-q2-2025-earnings-beat-eps-forecasts-stock-drops-93CH-4197527
[2] https://www.investing.com/news/transcripts/raymond-james-analyst-brian-macarthur-teck-resources-q2-2025-earnings-beat
[3] https://www.ainvest.com/news/teck-resources-15min-chart-sees-kdj-death-cross-bearish-marubozu-2508/
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