Nebius Group: 15min chart triggers RSI overbought, KDJ death cross warning.

Based on Nebius Group's 15-minute chart analysis, the RSI indicator has reached an overbought level, while the KDJ indicator has formed a death cross at 10:45 on October 10, 2025. This suggests that the stock price has experienced an unusually rapid increase, potentially exceeding its fundamental value. Furthermore, the momentum of the stock price is shifting towards the downside, indicating a potential decrease in value.

Needham & Company has significantly raised its price target for Applied Blockchain Inc (NASDAQ:APLD) to $41.00, up from $21.00, while maintaining a Buy rating on the stock Applied Blockchain stock price target raised to $41 at Needham on strong results^[1]. The company's stock has surged 283% year-to-date, and its valuation has reached $8.2 billion.

The price target increase follows Applied Blockchain's strong top-line results reported after market close on Thursday. The company reported revenue of $144.19 million, with analysts maintaining a strong Buy consensus and targets ranging from $18 to $43. Needham cited increasing confidence in the company's pipeline, with management believing that Polaris Forge 1 (PF-1) and Polaris Forge 2 (PF-2) can each scale to 1GW, with up to 4GW of long-term potential capacity Applied Blockchain stock price target raised to $41 at Needham on strong results^[1].

Needham's new price target is based on 27 times its discounted 2028 fiscal year EV/EBITDA, which includes remaining debt financing and estimated Macquarie dilution. Additionally, Applied Digital Corp reported its fiscal first quarter 2026 earnings, surpassing analysts' expectations, which further boosted the company's stock price target Applied Blockchain stock price target raised to $41 at Needham on strong results^[1].

However, recent technical indicators suggest a potential shift in the stock's momentum. Based on Nebius Group's 15-minute chart analysis, the RSI indicator reached an overbought level, while the KDJ indicator formed a death cross at 10:45 on October 10, 2025. This suggests that the stock price has experienced an unusually rapid increase, potentially exceeding its fundamental value, and indicates a potential decrease in value .