Mesabi Trust's 15-min chart triggers Bollinger Bands expansion, bullish Marubozu.

Thursday, Sep 4, 2025 3:02 pm ET2min read

Based on the 15-minute chart for Mesabi Trust, the Bollinger Bands are expanding upward, indicating a bullish trend driven by strong buying activity. The Bullish Marubozu at 09/04/2025 15:00 further suggests that buyers are dominating the market, and it is likely that this bullish momentum will continue.

Based on the 15-minute chart for Mesabi Trust, the Bollinger Bands are expanding upward, indicating a bullish trend driven by strong buying activity. The Bullish Marubozu at 09/04/2025 15:00 further suggests that buyers are dominating the market, and it is likely that this bullish momentum will continue.

The KDJ Golden Cross, a technical indicator, occurred when the K line (fast stochastic) crossed above the D line (slow stochastic), signaling a potential upward trend [1]. The Bullish Marubozu, characterized by a long body with no shadows above or below, indicates strong buying pressure [2]. These signals follow a broader trend of narrowing Bollinger Bands and KDJ Golden Cross formations observed in other stocks, including Journey Medical and Essent Group [1, 2].

While these technical indicators provide insights into potential stock price movements, investors should consider these signals in conjunction with fundamental analysis and broader market conditions. In addition to the technical indicators, several analyst ratings and price targets have been updated recently, offering valuable insights into the potential performance of various stocks [1].

Positive Outlook:
- Alnylam Pharma (ALNY) received a "Buy" rating from Jefferies with a price target of $384.00 [1].
- Chime Financial (CHYM) was initiated with an "Overweight" rating by multiple firms, including Morgan Stanley and Barclays, with targets ranging from $39.00 to $40.00 [1].
- CryoPort (CYRX) was rated "Buy" by BTIG Research with a price target of $10.00 [1].
- Datadog (DDOG) had its price target raised from $150.00 to $175.00 by Bank of America, reiterating a "Buy" rating [1].
- Energy Transfer (ET) was initiated with a "Buy" rating by TD Cowen with a price target of $22.00 [1].
- Grab (GRAB) was rated "Buy" by Jefferies with a price target of $5.70, indicating a 20.94% upside [1].
- Home Depot (HD) was rated "Buy" by TD Cowen with a price target of $470.00 [1].
- Intuit (INTU) was rated "Buy" by Morgan Stanley with a price target of $900.00 [1].
- JPMorgan Chase & Co. (JPM) had a $298.00 target set by Evercore ISI with an "Outperform" rating [1].
- Kinder Morgan (KMI) was initiated with a "Buy" rating by TD Cowen [1].
- Lam Research (LRCX) had its "Buy" rating reiterated by Citigroup [1].
- MACOM Technology Solutions (MTSI) had its target raised from $136.00 to $154.00 by Truist Financial, maintaining a "Buy" rating [1].
- Monopar Therapeutics (MNPR) was initiated with an "Overweight" rating by Cantor Fitzgerald and a target of $74.00 [1].
- Norwegian Cruise Line (NCLH) received a "Buy" rating from Jefferies with a price target of $29.00 [1].
- Oracle (ORCL) received a "Buy" rating from UBS with a $250.00 target [1].
- Oportun Financial (OPRT) was rated "Buy" at B. Riley Financial with an $11.00 price target [1].
- Ovintiv (OVV) was rated "Buy" at Barclays Capital with a price target of $55.00 [1].
- Phibro Animal Health (PAHC) was upgraded at JPMorgan Chase from Neutral to Overweight, with the price target raised from $25.00 to $35.00 [1].
- Progressive (PGR) was downgraded by Morgan Stanley from Overweight to Equal Weight, with a price target of $290.00 [1].
- Pulse Biosciences (PLSE) was initiated by Oppenheimer with an "Outperform" rating and a $22.00 price target [1].
- PTC (PTC) had its Overweight rating reiterated by KeyCorp Bank [1].
- Rockwell Automation (ROK) was initiated by CICC Research with a "Buy" rating and a price target of $320.00 [1].

References:
[1] https://www.ainvest.com/news/mesabi-trust-kdj-death-cross-15min-chart-signals-bearish-marubozu-2508/
[2] https://www.ainvest.com/news/stantec-15-minute-chart-sees-kdj-golden-cross-bullish-marubozu-formation-2508/

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