Perma-Pipe's 15-minute chart has triggered a KDJ Golden Cross and a Bullish Marubozu at 08/14/2025 14:00. This indicates a shift in momentum towards an upward trajectory, with the potential for further price increases. The dominance of buyers in the market suggests that bullish momentum is likely to continue.
Perma-Pipe International Holdings (NASDAQ: PPIH) has seen a significant shift in its stock's technical indicators, which could signal a potential upward trajectory. On August 14, 2025, at 14:00, Perma-Pipe's 15-minute chart triggered a KDJ Golden Cross and a Bullish Marubozu. This combination of technical indicators suggests a shift in momentum towards an upward trajectory, with the potential for further price increases [1].
The KDJ Golden Cross is a bullish signal that indicates a crossover between the K and D lines on the KDJ indicator, suggesting that the stock is likely to move higher. A Bullish Marubozu, on the other hand, is a candlestick pattern that signifies strong buying pressure, with the stock opening and closing at the highest level of the day, and no wicks on the candlestick. This pattern indicates that buyers dominated the market, further reinforcing the bullish momentum [2].
The dominance of buyers in the market, as indicated by the Bullish Marubozu, suggests that the current trend is likely to continue, with further price increases. This bullish momentum is supported by the company's recent performance, which has seen shares surge about 140.3% in the past twelve months through mid-August 2025, leaving the S&P 500's 13.6% gain in the dust [1].
However, investors should remain cautious and monitor the stock's performance closely, as the stock's low liquidity and thin trading volume can lead to wild swings in price. Additionally, the company's reliance on project-based contracts and its exposure to cyclical end markets pose risks that investors should be aware of [1].
In conclusion, Perma-Pipe International's recent technical indicators suggest a potential upward trajectory for the stock. However, investors should remain cautious and monitor the stock's performance closely, as the company's risks and low liquidity could lead to wild price swings.
References:
[1] https://finimize.com/content/ppih-asset-snapshot
[2] https://www.investopedia.com/terms/b/bullishmarubozu.asp
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