Pinterest stock price triggers MACD and KDJ Death Cross signals on 15-min chart.
Friday, Apr 25, 2025 1:56 pm ET
Pinterest's 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross, both occurring on April 25, 2025, at 13:45. This suggests that the stock's price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may continue to decrease.
Pinterest Inc. (PINS) stock experienced a significant shift in momentum on April 25, 2025, at 13:45, when it triggered both a MACD Death Cross and a KDJ Death Cross. These technical indicators suggest a potential continuation of the stock's downward trend, as they signal a shift in the stock's price momentum towards the downside [1].The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish signal. Similarly, the KDJ (Kaufman Adaptive Moving Average) Death Cross occurs when the K line crosses below the D line, also indicating a potential downturn. These signals are often used by technical analysts to predict changes in stock trends [1].
Pinterest's financial performance has been mixed. While the company reported record high global users, surpassing 550 million MAUs globally, and achieved GAAP profitability for the first time since 2021, it also faces challenges such as a decline in ad pricing and a softness in the food and beverage subsector of CPG [1].
Analysts have mixed forecasts for Pinterest's stock. The average target price for Pinterest Inc. is $41.03, with a high estimate of $55.00 and a low estimate of $25.00. The average target implies an upside of 58.97% from the current price of $25.81 [1]. However, the company's conservative outlook towards the second half of the year, due to potential economic downturns, could impact its advertising spending and overall revenue growth [1].
Investors should closely monitor Pinterest's financial performance and technical indicators to make informed decisions. The recent MACD and KDJ Death Crosses suggest a potential downward trend, but the stock's performance will ultimately depend on its ability to navigate economic headwinds and maintain its user growth and profitability [1].
References:
[1] https://www.gurufocus.com/news/2801783/pinterest-pins-faces-slowing-ad-spend-and-cautionary-outlook-pins-stock-news