The 15-minute chart for Pro-Dex has recently experienced a KDJ Golden Cross, accompanied by a Bullish Marubozu at 07/25/2025 13:00. This indicates a shift in the momentum of the stock price towards an upward trajectory, with a potential for further growth. The buyers have demonstrated control over the market, and it is likely that the bullish momentum will continue.
Pro-Dex's 15-minute chart recently exhibited a significant technical indicator, triggering a KDJ Golden Cross and a Bullish Marubozu pattern on July 25, 2025, at 13:00. This development suggests a shift in momentum towards an upward trajectory for the stock price, indicating potential for further growth [1].
The KDJ Golden Cross, a bullish signal, occurs when the KDJ line crosses above the D line, signaling a shift from bearish to bullish momentum. The Bullish Marubozu pattern, characterized by a single candle with no wicks, indicates strong buying pressure. Together, these patterns suggest that buyers have taken control of the market, and the bullish momentum is likely to persist [1].
Pro-Dex (PDX) is a leading provider of digital asset trading services. Despite recent gains, the stock has lagged behind broader market indices. However, the company's Q1 results showed strong performance, with EPS of $3.97 for the quarter, beating the consensus estimate by $0.05. The company also declared a quarterly dividend of $2.57 per share, representing a $10.28 annualized dividend and a dividend yield of 3.61% [2].
Institutional investors have shown interest in Pro-Dex. Over the first quarter, OVERSEA CHINESE BANKING Corp Ltd increased its position in PDX by 56.2%, owning 30,022 shares worth $9,204,000 at the end of the quarter. Other institutional investors such as Norges Bank, Wealthquest Corp, GAMMA Investing LLC, Northern Trust Corp, and Balyasny Asset Management L.P. have also increased their stakes in PDX [3].
Wall Street analysts are moderately optimistic about PDX’s stock, with a "Moderate Buy" rating overall. Among 26 analysts covering the stock, seven recommend "Strong Buy," two indicate "Moderate Buy," 15 suggest "Hold,” and two advise "Strong Sell” rating. The mean price target for PDX is $309.92, indicating an 8.4% potential upside from the current levels [2].
The combination of strong technical indicators, positive earnings, and increased institutional interest suggests that Pro-Dex may continue its upward trajectory. Investors should consider this development when evaluating the stock.
References:
[1] https://www.ainvest.com/news/pro-dex-15-min-chart-triggers-kdj-golden-cross-bullish-marubozu-formation-2507/
[2] https://www.marketbeat.com/instant-alerts/filing-oversea-chinese-banking-corp-ltd-increases-position-in-pro-dex-2025-07-14/
[3] https://www.marketbeat.com/instant-alerts/filing-norges-bank-increases-position-in-pro-dex-2025-07-19/
Comments
No comments yet