Namib's 15min chart sees KDJ Golden Cross, bullish Marubozu pattern.

Based on Namib's 15-minute chart, a significant technical indicator has been triggered, namely the KDJ Golden Cross, which is often seen as a bullish signal. Furthermore, the chart exhibited a bullish Marubozu at 08:45 on August 15, 2025. This suggests that the momentum of the stock price is shifting in favor of an upward trend, with potential for further growth. The strong buying activity has resulted in market control by buyers, and it is likely that the bullish momentum will continue.

Namib Minerals (NAMM) has shown significant technical indicators on its 15-minute chart, signaling a potential bullish trend. The chart triggered a KDJ Golden Cross, which is often seen as a bullish signal, indicating a shift in momentum in favor of an upward trend. Additionally, the chart exhibited a bullish Marubozu pattern at 08:45 on August 15, 2025, further strengthening the bullish sentiment.

The KDJ Golden Cross is a technical indicator that occurs when the KDJ lines cross above the signal line, indicating a potential change in the stock's direction from bearish to bullish. This crossover often signals a shift in the stock's momentum, and when combined with the bullish Marubozu pattern, it suggests that the buying pressure is strong, and the stock is likely to continue its upward trend.

The bullish Marubozu pattern is characterized by a long candle body with no upper or lower wicks, indicating strong buying pressure and market control by buyers. This pattern is often seen as a confirmation of the bullish trend, and when combined with the KDJ Golden Cross, it suggests that the momentum is shifting in favor of an upward trend.

The strong buying activity and market control by buyers indicate that the bullish momentum is likely to continue. This is supported by the fact that Namib Minerals has seen its stock fall around 66% over the past month, despite the company's corporate update suggesting potential growth opportunities.

While these technical indicators suggest a potential bullish trend, it is essential to conduct thorough research and consider individual risk tolerance before making investment decisions. The KDJ Golden Cross and bullish Marubozu pattern are promising signals, but they should be considered alongside other fundamental and technical analysis to make informed investment decisions.

References:
[1] https://www.ainvest.com/news/top-3-undervalued-materials-stocks-q3-2508/