The 15-minute chart for Otter Tail has recently triggered a KDJ Golden Cross and a Bullish Marubozu, as indicated on August 28th, 2025 at 14:15. This suggests that the momentum of the stock price is shifting towards an upward trajectory and has the potential to further increase. As buyers are currently in control of the market, it is likely that the bullish momentum will continue.
Otter Tail Corporation's (OTTR) stock has recently exhibited a notable bullish trend on its 15-minute chart, as evidenced by the occurrence of a KDJ Golden Cross and a Bullish Marubozu on August 28th, 2025, at 14:15. This technical indicator suggests a shift in momentum towards an upward trajectory, with potential for further price appreciation. The dominance of buyers in the market signals that bullish momentum is likely to persist.
Fitch Ratings has affirmed Otter Tail Corporation's Long-Term Issuer Default Rating (IDR) at 'BBB' and its senior unsecured rating at 'BBB'. The Rating Outlook for the Long-Term IDRs is Stable, reflecting the company's strong financial profile and robust credit metrics [2]. Otter Tail Corporation's earnings are driven by its plastics segment, which contributed 56% of consolidated 2024 EBITDA, up 2% from 2023. The PVC pipe business continues to perform well, with higher volumes from facilities expansion and improved product mix offsetting price declines and margin compression [2].
Otter Tail Power Company (OTP), a subsidiary of Otter Tail Corporation, has also shown strong financial performance. Fitch Ratings has affirmed OTP's Long-Term IDR at 'BBB+' and its senior unsecured rating at 'A-'. The Rating Outlook for the Long-Term IDRs is Stable, reflecting the utility's relatively stable earnings and cash flows from its electric utility operations [2].
In conclusion, Otter Tail Corporation's recent technical indicators suggest a positive trend in its stock price, with potential for further appreciation. The company's strong financial performance and robust credit metrics provide additional support for this bullish outlook. Investors should closely monitor Otter Tail Corporation's ongoing developments and regulatory filings to stay informed about potential opportunities and risks.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-aviso-financial-inc-has-939000-stock-position-in-guidewire-software-inc-gwre-2025-08-19/
[2] https://www.marketscreener.com/news/fitch-affirms-otter-tail-corp-and-otter-tail-power-s-idrs-outlook-stable-ce7c50dadf8df626
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