According to Old Point Financial's 15-minute chart, the MACD Death Cross and KDJ Death Cross indicators have triggered, which occurred at 09:45 on August 27, 2025. This suggests that the stock price has the potential to continue its downward trajectory, with momentum shifting towards the downside and potentially leading to further decreases in value.
On August 27, 2025, at 09:45, Old Point Financial's (NASDAQ: OPOF) 15-minute chart triggered both the MACD Death Cross and the KDJ Death Cross, indicating a significant shift in the stock's momentum towards the downside. This dual bearish signal suggests that the stock price may continue its downward trajectory, with sellers currently in control of the market.
The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, signaling a change in momentum from bullish to bearish. The KDJ (Keltner Channels) Death Cross, on the other hand, occurs when the KDJ line crosses below the signal line, also indicating a change in momentum from bullish to bearish. These indicators, along with the appearance of a Bearish Marubozu candlestick pattern, further support the bearish sentiment.
Old Point Financial has faced challenges in recent quarters, as evidenced by its Q2 2025 earnings report. The company reported a sharp drop in headline net income (GAAP) to $0.24 per share, with merger expenses and deposit outflows weighing on the results. Despite this, the company's net interest margin (FTE, non-GAAP) improved to 3.71%, reflecting improved loan and deposit management. However, the company's balance sheet contracted, with total assets, loans, and deposits all declining between December 31, 2024 and June 30, 2025 [3].
Investors should closely monitor Old Point Financial's situation and consider the implications of these market indicators. While the stock has shown resilience in the face of challenges, the recent bearish signals suggest that further downward pressure may be exerted on the stock price.
References:
[1] https://www.ainvest.com/news/point-financial-kdj-death-cross-bearish-trend-marubozu-signals-strong-selling-2508/
[2] https://www.aol.com/finance/old-point-opof-q2-eps-195935350.html
[3] https://www.ainvest.com/news/century-aluminum-15min-chart-triggers-macd-death-cross-kdj-death-cross-bearish-marubozu-2508/
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