Middlesex Water's 15min chart shows a bullish KDJ Golden Cross and Bullish Marubozu.

Tuesday, Aug 19, 2025 12:21 pm ET1min read

Middlesex Water's 15-minute chart has exhibited a KDJ Golden Cross and Bullish Marubozu pattern on August 19, 2025 at 12:15. This indicates a shift in the momentum of the stock price towards a positive direction, with potential for further increase. The buyers are currently in control of the market, and a continuation of the bullish momentum is likely.

Middlesex Water Company (MSEX) has shown significant technical indicators that suggest a positive shift in the stock's momentum. On August 19, 2025, at 12:15, the 15-minute chart of Middlesex Water exhibited a KDJ Golden Cross and Bullish Marubozu pattern. This combination of technical indicators signals a potential bullish trend, where buyers are currently in control of the market.

The KDJ Golden Cross is a technical analysis indicator that involves the intersection of the K-line (fast moving average) and the D-line (slow moving average) on the KDJ (K line, D line, J line) indicator. A Golden Cross occurs when the K-line crosses above the D-line, indicating a potential change in trend from bearish to bullish. The Bullish Marubozu pattern is a candlestick pattern characterized by a long white candlestick that opens and closes at the highest price of the period, with no wicks (shadows). This pattern is considered bullish as it indicates strong buying pressure.

These indicators suggest that the stock price of Middlesex Water is likely to continue its upward trend, with potential for further increases. The buyers are currently in control, which is a positive sign for investors. However, it is essential to note that technical indicators are not foolproof and should be used in conjunction with other forms of analysis.

Investors should keep an eye on Middlesex Water's performance and consider the company's fundamentals, such as revenue growth, profit margins, and dividend payouts, to make informed investment decisions.

References:

[1] https://www.fool.com/investing/stock-market/market-sectors/consumer-staples/beverage-stocks/water-stocks/

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