The 15-minute chart for Peoples Bancorp of North Carolina has recently triggered a series of bearish indicators, including an RSI overbought condition, a KDJ death cross, and a bearish marubozu candlestick pattern at 08/13/2025 12:00. This suggests that the stock price has risen too rapidly and has surpassed the underlying fundamental support, leading to a shift in momentum towards the downside. As a result, sellers are currently in control of the market, and there is a high likelihood that bearish momentum will continue.
The 15-minute chart for Peoples Bancorp of North Carolina (PEBK) has recently triggered a series of bearish indicators, signaling potential downturn in the stock's momentum. On August 13, 2025, at 12:00 PM ET, the stock exhibited a notable RSI overbought condition, a KDJ death cross, and a bearish marubozu candlestick pattern, all suggesting that the stock price has risen too rapidly and has surpassed the underlying fundamental support.
The RSI (Relative Strength Index) reached an overbought level on August 6, 2025, contributing to the rapid rise in stock price. This unsustainable increase may not be supported by fundamental values, making a correction likely. The technical indicators, including the KDJ death cross and bearish marubozu, suggest that sellers are currently in control of the market, and it is likely that the bearish momentum will continue [1].
Investors should closely monitor Peoples Bancorp's upcoming financial results, scheduled for July 31, 2025, after the U.S. market close. The company will host a conference call at 4:45 p.m. Eastern Time featuring CEO Gene Lowe and CFO Mark Carano to discuss the results and business outlook [2].
Additionally, on August 4, 2025, James S. Abernethy, a Director at Peoples Bancorp, sold 600 shares of Common Stock at $28.01 per share, totaling $16,806. Following the transaction, Abernethy directly owns 71,676 shares and indirectly owns 109,241 shares through his son and his position as VP, Sec & Chairman of Alexander Railroad [1].
References:
[1] https://www.tradingview.com/news/tradingview:1c481a5c79039:0-peoples-bancorp-of-north-carolina-director-sells-shares/
[2] https://www.ainvest.com/news/peoples-bancorp-nc-rsi-overbought-kdj-death-cross-15min-chart-2508/
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