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NCS Multistage's 15min Chart Triggered KDJ Golden Cross, Bullish Marubozu Pattern Emerges.
ByAinvest
Monday, Aug 11, 2025 1:51 pm ET1min read
NCS Multistage's 15-minute chart recently exhibited a KDJ Golden Cross and a Bullish Marubozu formation on August 11, 2023, at 13:45. This suggests a shift in momentum towards the upside, with potential for further price appreciation. The presence of bullish momentum indicates that buyers are in control of the market, and this trend is likely to persist.
NCS Multistage Holdings, Inc. (NASDAQ: NCSM) recently exhibited a significant technical indicator that could signal a shift in momentum towards the upside. On August 11, 2023, at 13:45, the 15-minute chart of NCSM displayed a KDJ Golden Cross and a Bullish Marubozu formation. These indicators suggest a potential for further price appreciation, as buyers are in control of the market and the trend is likely to persist.The KDJ Golden Cross, a combination of the Kijun-sen, Tenkan-sen, and Senkou Span A and B lines, indicates a bullish trend. The Bullish Marubozu formation, characterized by a long white candle with no shadows, further supports this positive momentum. This suggests that investors should pay close attention to NCSM's stock price, as it could experience significant upward movement.
In addition to these technical indicators, NCSM's fundamentals also support its potential for growth. According to Zacks Investment Research [1], NCSM is currently sporting a Zacks Rank #1 (Strong Buy) and a Value grade of A. Its P/E ratio of 12.18 is below the industry average of 13.83, indicating that it may be undervalued. The stock's P/B ratio of 0.67 is also attractive compared to its industry's average P/B of 1.90. These valuation metrics, along with the recent acquisition of ResMetrics, which is expected to contribute $4-5M in revenue and $1-1.5M in EBITDA in FY25 [2], suggest that NCSM is well-positioned for growth.
Investors should closely monitor NCSM's stock price and consider the implications of these technical and fundamental indicators. The combination of a KDJ Golden Cross, a Bullish Marubozu formation, and strong fundamentals could signal a period of significant price appreciation for NCSM.
References:
[1] https://www.nasdaq.com/articles/ncs-multistage-ncsm-stock-undervalued-right-now
[2] https://finance.yahoo.com/news/stonegate-updates-coverage-ncs-multistage-203400741.html
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