PAR Technology's 15-minute chart has exhibited a notable shift in market trend, with Bollinger Bands expanding upward and a KDJ Golden Cross occurring on August 21, 2025 at 14:30. This indicates that the market is currently being driven by bullish forces, and the momentum of the stock price is trending towards the upside, with potential for further increases.
PAR Technology's (PAR) 15-minute chart has shown a significant shift in market trend, with Bollinger Bands expanding upward and a KDJ Golden Cross occurring on August 21, 2025, at 14:30. This combination of technical indicators suggests that the market is currently being driven by bullish forces, with the momentum of the stock price trending towards the upside and potential for further increases.
According to National Research's 15-minute chart analysis, a KDJ Golden Cross and Bullish Marubozu signal was triggered on August 21, 2025, at 14:30. This technical indicator combination suggests a shift in momentum towards the upside, indicating potential further price increases. The dominance of buyers in the market is likely to continue, supporting a bullish trend [1].
The KDJ Golden Cross occurs when the K line of the KDJ indicator crosses above the D line, signaling a potential shift in the stock's momentum towards the upside. The Bullish Marubozu candlestick pattern, characterized by a long body with no shadows above or below, suggests that the stock is being driven by strong buying pressure [1]. These signals follow a broader trend of narrowing Bollinger Bands and KDJ Death Cross formations observed in several other stocks, including ASGN and Cushing NextGen [2, 3].
Despite missing earnings per share (EPS) estimates, PAR Technology reported a 43.8% year-over-year (YoY) revenue growth for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.14%. The company's quarterly earnings came in at $0.03 per share, which was below the Zacks Consensus Estimate of $0.04 per share but marked an improvement from the previous year's loss of $0.23 per share [2].
Shares of PAR Technology surged by 3.6% on July 2, 2025, following a significant upgrade in its analyst rating from BTIG. The brokerage firm revised the rating from 'Neutral' to 'Buy', setting a price target of $65.00 USD [1]. This upgrade comes on the heels of positive sentiments from other analysts, including Needham, which has maintained a 'Buy' rating with a price target of $90.00 USD [1].
The upgrade by BTIG is based on the company's robust sales pipeline and potential to secure large enterprise deals. The brokerage estimates that PAR's $100 million sales pipeline, with a historical win rate of 60%, could translate into $60 million in contracts over the next year [3]. Additionally, PAR is competing for three major deals with top global restaurant chains, which could significantly boost growth [3].
The combination of these technical indicators and positive analyst ratings suggests a bullish outlook for PAR Technology. Investors may want to keep an eye on the company's earnings call for further insights into the sustainability of its recent performance and future growth prospects.
References:
[1] https://www.ainvest.com/news/par-technology-shares-surge-btig-upgrade-strong-sales-pipeline-2508/
[2] https://www.sharewise.com/us/news_articles/PAR_Technology_PAR_Q2_Earnings_Lag_Estimates_Zacks_20250808_1445
[3] https://www.investing.com/news/stock-market-news/btig-upgrades-par-technology-on-strong-pipeline-and-longterm-growth-potential-4195509
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