McGraw Hill's 15min chart shows Bollinger Bands narrowing, KDJ death cross.

Based on McGraw Hill's 15-minute chart, Bollinger Bands Narrowing and a KDJ Death Cross on September 2, 2025, at 15:30 indicate a reduction in the magnitude of stock price fluctuations, a shift in momentum towards the downside, and a potential for further decreases in the stock price.

Range Resources' (RRC) stock has experienced significant technical indicators that suggest a potential downturn in its performance. On September 2, 2025, at 15:30, the 15-minute chart displayed a narrowing of Bollinger Bands and a KDJ Death Cross. These indicators point to a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price [1].

The Bollinger Bands, which measure volatility, have narrowed, indicating that the stock price fluctuations are decreasing. The KDJ Death Cross, a momentum indicator, signals a shift in momentum from bullish to bearish, suggesting a potential downturn in the stock's performance. This combination of technical indicators provides a bearish signal for Range Resources' stock.

UBS Group, one of the leading investment banks, has maintained a neutral rating for Range Resources but lowered its price target to $40 from $42, a 4.76% decrease [1]. The company focuses on Marcellus Shale operations in Pennsylvania with proven reserves of 18.1 trillion cubic feet equivalent and net production of 2.18 billion cubic feet equivalent per day.

The adjustment by UBS comes amidst broader market dynamics and evolving analyst opinions. Wall Street analysts have adjusted their ratings for Range Resources, with the average price target now at $42.68, indicating a potential 29.30% upside from the current price of $33.01 [2]. This discrepancy suggests varying perspectives on the company's future performance and growth prospects.

Range Resources operates primarily within the Marcellus Shale region, where it holds significant interests in natural gas and oil leases. The company's recent financial performance and operational outlook have influenced analyst ratings and price targets. The broader energy market, particularly the natural gas sector, is experiencing significant changes, with U.S. LNG exports projected to rise by 10% annually through 2030 [4]. This growth is expected to boost the shale gas industry, with major basins like Permian and Marcellus seeing substantial output increases.

The recent technical indicators, such as the narrowing of Bollinger Bands and the KDJ Death Cross on August 28th at 15:30, suggest a diminishing magnitude of stock price fluctuations and a shift in momentum towards the downside. This could potentially lead to further decreases in stock price [3].

The broader market sentiment and evolving outlook on specific companies' financial health and growth prospects have led to a series of downgrades and upgrades across the energy sector. Notably, CVS Health was upgraded to "Buy" by UBS, while Occidental Petroleum was downgraded to "Equal Weight" by Morgan Stanley [3].

Range Resources, with its focus on the Marcellus Shale, stands to benefit from the overall market growth. However, analysts' ratings and price targets reflect the company's specific operational performance and future prospects within the context of broader market conditions.

References:
[1] https://www.marketscreener.com/news/range-resources-shares-fall-after-roth-capital-downgrade-ce7c51dcda89f126
[2] https://www.benzinga.com/quote/RRC/report
[3] https://www.ainvest.com/news/wall-street-analyst-calls-cvs-health-upgraded-occidental-downgraded-2508/
[4] https://www.reuters.com/business/energy/surging-us-lng-exports-fuel-growth-shale-gas-production-2025-08-22/