Midland States' 15min chart triggers bullish signals with KDJ Golden Cross, Marubozu pattern.

Wednesday, Aug 20, 2025 12:31 pm ET1min read

Midland States' 15-minute chart has triggered a KDJ Golden Cross, accompanied by a bullish Marubozu on August 20, 2025, at 12:15. This indicates a shift in momentum towards an upward trend, with potential for further increases. The control of the market is currently in the hands of buyers, suggesting that the bullish momentum is likely to continue.

Title: Midland States Bancorp: Bullish Signal on 15-Minute Chart

Midland States Bancorp (MSBI) has shown signs of a potential upward trend in its stock price, according to technical analysis indicators. On August 20, 2025, at 12:15, the 15-minute chart of Midland States Bancorp exhibited a KDJ Golden Cross, accompanied by a bullish Marubozu candlestick pattern. These indicators suggest a shift in momentum towards an upward trend, with potential for further increases [1].

The KDJ Golden Cross, which occurs when the KDJ line crosses above the Keltner Channel, is a strong bullish signal. This event is often followed by a sustained upward trend in the stock price. Similarly, the Marubozu candlestick pattern, characterized by a long body with no upper or lower wicks, suggests strong buying pressure and a potential continuation of the upward trend [1].

Midland States Bancorp has faced financial challenges, including a net loss of $140.97 million in Q1 2025, driven by a $153.98 million goodwill impairment and a $260.8 million decline in deposits. Despite these setbacks, the company has maintained a consistent dividend growth policy, with the latest quarterly dividend of $0.32 per share representing a 3.2% increase from the previous dividend [1].

The technical indicators suggest that the stock's downward trend may be reversing, providing an opportunity for investors to consider Midland States Bancorp. However, investors should closely monitor the company's financial performance and the broader market conditions before making any investment decisions.

In addition to the bullish signals on the stock chart, Midland States Bancorp has been actively involved in supporting rural housing initiatives. On August 15, 2025, U.S. Representative Mike Bost joined leaders from the Federal Home Loan Bank of Chicago (FHLBank Chicago), Midland States Bank, C.E.F.S. Economic Opportunity Corporation, and local regional officials to discuss rural housing solutions and a $360,000 Affordable Housing Program (AHP) grant from FHLBank Chicago [2]. This grant provided critical home repairs for 24 very low-income homeowners across seven southern Illinois counties, highlighting the bank's commitment to community development.

In conclusion, Midland States Bancorp's recent technical indicators and involvement in community initiatives suggest a positive outlook. However, investors should proceed with caution and conduct thorough research before making investment decisions.

References:
[1] https://www.ainvest.com/news/midland-states-triggers-bullish-signal-kdj-golden-cross-marubozu-formation-2508/
[2] https://www.newsbreak.com/the-associated-press-510077/4177026239654-congressman-mike-bost-joins-fhlbank-chicago-to-discuss-rural-housing-solutions-for-southern-illinois-with-midland-states-bank-c-e-f-s-economic-opportunity-corporation-and-local-officials

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