Northeast Bank's 15min chart sees KDJ Golden Cross, Bullish Marubozu signal.

Monday, Aug 18, 2025 12:36 pm ET1min read

As observed on the 15-minute chart of Northeast Bank, a significant technical indicator has been triggered, namely the KDJ Golden Cross. This bullish signal occurred on August 18, 2022, at 12:30, indicating a shift in momentum towards the upside. The presence of a Bullish Marubozu further supports this notion, suggesting a strong buying interest and control over the market. Consequently, it is likely that the bullish momentum will continue, paving the way for further price appreciation.

Northeast Bank (NBN) has shown promising signs on its 15-minute chart, indicating a potential shift in market momentum. On August 18, 2022, at 12:30, the KDJ Golden Cross technical indicator was triggered, signaling a bullish reversal. This was further supported by the presence of a Bullish Marubozu pattern, suggesting strong buying interest and market control [1].

The KDJ Golden Cross occurs when the K line (average price) crosses above the D line (average of the previous 9 days' closing prices), signaling a potential reversal in price trends. The Bullish Marubozu pattern forms when a price bar has no lower wick and no upper wick, indicating strong buying pressure. This combination suggests that Northeast Bank's stock price may continue to rise, with buyers dominating the market [1].

In addition to these technical indicators, Northeast Bank's recent earnings report, released on July 17, 2025, showed promising results. The company reported an EPS of $0.92 per share, beating estimates of $0.88, and revenue of $2.03 billion, surpassing forecasts. Analysts expect Northeast Bank's EPS to grow 17.6% year-over-year to $3.81 for the fiscal year ending in December 2025 [2].

On August 1, JPMorgan Chase & Co. (JPM) upgraded Northeast Bank from "Neutral" to "Overweight" and raised its price target from $48.50 to $52, signaling a positive outlook. The mean price target of $54.62 represents a 15.5% premium over current market prices, and the Street-high target of $65 implies an upswing of 37.5% [3].

Given these technical and fundamental indicators, Northeast Bank may present a potential investment opportunity with upside potential. However, as with any investment, it is essential to conduct thorough research and consider your risk tolerance and investment goals.

References:
[1] https://www.ainvest.com/news/northeast-bank-15min-chart-shows-bullish-signals-kdj-golden-cross-marubozu-pattern-2508-94/
[2] https://www.barchart.com/story/news/34046277/are-wall-street-analysts-bullish-on-citizens-financial-group-stock
[3] https://www.newsbreak.com/barchart-338247362/4168568756023-are-wall-street-analysts-bullish-on-citizens-financial-group-stock

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