Mingteng's 15min chart triggers MACD Death Cross, KDJ Death Cross

Mingteng's 15-minute chart has recently triggered two bearish indicators, namely the MACD Death Cross and KDJ Death Cross, which occurred on August 6, 2025 at 13:30. This suggests that the stock price has the potential to continue its downward trend, with momentum shifting towards the downside and a likelihood of further price decreases.

Mingteng International Corporation Inc. (Nasdaq: MTEN) has seen a significant shift in its stock price momentum, as indicated by its 15-minute chart. On August 6, 2025, at 13:30, the chart exhibited both the MACD Death Cross and KDJ Death Cross patterns. These technical indicators suggest a potential downward trend in the stock price, with momentum shifting towards the downside and a likelihood of further price decreases.

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, signaling a trend reversal and a potential downward movement [1]. The KDJ (Kijun Sen, Tenkan Sen) Death Cross occurs when the Kijun Sen and Tenkan Sen lines cross below each other, also signaling a trend reversal and a potential downward movement [1]. These patterns are consistent with broader market trends, where several stocks, including Longevity Health and Zoom Communications, have also shown signs of a downward trend [2, 3].

The broader market context is also noteworthy. Stocks such as Delhivery, Metropolis Health, and Usha Martin have seen significant gains but are now trading in overbought territory, with RSI readings ranging from 70 to 90, indicating a risk of a pullback [2]. While the broader market trends and Shell's strategic partnerships provide a cautiously optimistic outlook, investors should closely monitor the stock performance and consider the broader market conditions before making investment decisions.

Technical analysis is just one factor to consider when making investment decisions. A thorough analysis of the company's fundamentals, such as revenue growth, earnings estimates, and analyst ratings, is also crucial. As of August 4, 2025, Mingteng International received an average recommendation of "Hold" from 26 brokerages, with one sell, fifteen hold, nine buy, and one strong buy ratings [3].

Investors should remain cautious and monitor the stock closely, as the market dynamics may change rapidly. Further analysis of Mingteng International's financial health and strategic partnerships, such as its recent collaboration with Suzhou Lvkon Transmission Technology Co., Ltd., will be essential to gauge the company's long-term prospects.

References:
[1] https://www.ainvest.com/news/mingteng-15min-chart-shows-kdj-death-cross-bearish-marubozu-2508/
[2] https://www.ainvest.com/news/zoom-communications-stock-price-falls-macd-kdj-indicators-signal-bearish-trend-2508/
[3] https://finance.yahoo.com/news/mingteng-international-subsidiary-entered-strategic-110000577.html