Optex Systems Experiences Bullish KDJ Golden Cross Amid Marubozu Formation

Optex Systems' 15-minute chart has triggered a KDJ Golden Cross and Bullish Marubozu at 08:45 on November 11, 2023. This indicates a shift in the momentum of the stock price towards the upside, suggesting potential further gains. With buyers in control of the market, bullish momentum is likely to continue.

Optex Systems' 15-minute chart has triggered a KDJ Golden Cross and Bullish Marubozu at 08:45 on November 11, 2023. This technical indicator combination suggests a shift in the stock's momentum towards the upside, indicating potential further gains. With buyers currently dominating the market, bullish momentum is likely to persist.

The KDJ Golden Cross, a technical indicator, signals a potential reversal in price trends when the K-line crosses above the J-line. This bullish signal is often accompanied by strong buying pressure, as indicated by the absence of wicks on the candles, forming a Bullish Marubozu pattern. The combination of these indicators suggests that Optex Systems' stock price may continue to rise, with buyers exerting control over the market [1].

Optex Systems recently secured a $1.6 million defense contract from General Dynamics Land Systems – Canada for laser-protected periscopes used in armored vehicles. Deliveries are scheduled for fiscal year 2026, which could bolster the company's financial outlook [2]. This contract win, combined with the positive technical indicators, provides a favorable environment for investors.

Materion, another company displaying similar technical indicators, saw its stock price rise due to a KDJ Golden Cross and Bullish Marubozu pattern on August 7, 2025. Materion's second-quarter 2025 earnings report showed strong performance, with revenue and earnings per share exceeding analyst estimates by 6.2% and 17%, respectively. The company's revenue is forecast to grow at an average of 7.2% per annum over the next three years, compared to the US Metals and Mining industry's growth forecast of 5.1% [3].

Investors should closely monitor Optex Systems' financial announcements and earnings reports to assess the company's performance and potential impact on the stock price. The combination of the bullish technical indicators and the recent contract win suggests that Optex Systems is well-positioned for continued bullish momentum in the near term.

References:
[1] https://www.ainvest.com/news/optex-systems-15min-chart-shows-kdj-golden-cross-bullish-marubozu-2508/
[2] https://seekingalpha.com/news/4478451-optex-systems-wins-16m-defense-contract-for-laser-protected-periscopes
[3] https://finance.yahoo.com/news/materion-second-quarter-2025-earnings-130836811.html