Old Point Financial's 15min chart sees KDJ Golden Cross and Bullish Marubozu.

Monday, Aug 18, 2025 11:49 am ET1min read

Old Point Financial's 15-minute chart has recently exhibited a significant bullish trend, as evidenced by the KDJ Golden Cross and Bullish Marubozu at 08/18/2025 11:45. This indicates a shift in momentum towards the upside, suggesting a potential further increase in stock price. The dominance of buyers in the market and the sustained bullish momentum suggest that the trend is likely to continue.

Old Point Financial Corporation (OPOF) has recently shown significant bullish momentum, as indicated by the KDJ Golden Cross and Bullish Marubozu patterns on August 18, 2025, at 11:45. These technical indicators suggest a shift in the stock's momentum towards an upward trajectory, signaling potential for further price increases [1].

The KDJ Golden Cross, a technical indicator, signals a potential reversal in the stock's downward trend. When the KDJ line crosses above the J line, it indicates a bullish signal, suggesting that the stock price is likely to move upward. The Bullish Marubozu pattern, characterized by a long body with no shadows, further supports this upward momentum, as it indicates strong buying pressure [1].

Despite the recent bullish indicators, Old Point Financial faces near-term earnings pressure. The company reported a 26.8% year-over-year decline in Q2 2025 revenue to $970.5 million, falling short of analysts' expectations [2]. However, analysts remain bullish, with ratings such as "Buy" from Goldman Sachs and "Outperform" from Citigroup and Mizuho, reflecting confidence in the company's long-term growth potential [3].

Wall Street analysts forecast that Old Point Financial will report quarterly earnings of $0.24 per share in its upcoming release, indicating a year-over-year decline of 54.7% [4]. Revenue is anticipated to reach $1.05 billion, down 15.1% compared to the year-ago quarter. These projections highlight the near-term earnings pressure the company faces.

For investors, the current market conditions present both risks and opportunities. High-beta investors should consider the following scenarios:
1. Oversold Rebound: If the RSI dips below 30 and the stock finds support at $65.83, this could signal a short-term buying opportunity.
2. Earnings Catalyst: Old Point Financial's Q1 2026 earnings report on August 7, 2026, could be a pivotal event. A beat on revenue or EPS could spark a rally.
3. Analyst Upgrades: Recent price targets reflect confidence in the company's long-term potential. A sustained move above $75.21 could validate the consensus.

In conclusion, Old Point Financial Corporation's 15-minute chart exhibits bullish momentum, suggesting a potential for further growth. However, near-term earnings pressure and cyclical downturns in the financial industry pose challenges. For disciplined investors, a strategic entry point could be a pullback to $65–$66, where the RSI and support levels align with a potential rebound. Position sizing is crucial, with a stop-loss at $62 to balance exposure with risk management.

References:
[1] https://www.ainvest.com/news/microchip-technology-pref-adr-15min-chart-sees-bollinger-bands-expanding-downward-2508/
[2] https://www.ainvest.com/news/microchip-technology-pref-adr-15min-chart-sees-bollinger-bands-expanding-downward-2508/
[3] https://www.nasdaq.com/articles/what-analyst-projections-key-metrics-reveal-about-microchip-tech-mchp-q1-earnings
[4] https://www.nasdaq.com/articles/what-analyst-projections-key-metrics-reveal-about-microchip-tech-mchp-q1-earnings

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