The 15-minute chart of RCM Technologies has recently exhibited a MACD Death Cross, KDJ Death Cross, and a Bearish Marubozu at 08/18/2025 13:00. This suggests that the stock price has the potential to continue declining, with a shift in momentum towards the downside, further decreasing the stock price. Sellers currently control the market, and it is likely that bearish momentum will persist.
RCM Technologies (RCMT), a healthcare and engineering services company, recently faced a significant shift in its stock price momentum, as indicated by a MACD Death Cross, KDJ Death Cross, and a Bearish Marubozu pattern on its 15-minute chart on August 18, 2025, at 13:00. These technical indicators suggest a potential continuation of its downward trend and a strong likelihood of further decline in stock price.
The MACD Death Cross, a combination of the MACD line crossing below the signal line, and the KDJ Death Cross, a combination of the Kijun Sen and Tenkan Sen lines crossing in a bearish formation, both indicate a shift from a bullish to a bearish trend. The Bearish Marubozu candlestick pattern, characterized by a long body with no upper or lower shadows, reinforces this bearish trend [1].
RCM Technologies reported its Q2 2025 earnings on July 2, 2025. Despite strong financial performance, the company's stock price experienced a significant decline, reflecting broader market trends and technical indicators. According to the company's press release, RCM Technologies' GAAP EPS of $0.50 missed expectations by $0.04, while revenue of $78.16 million fell short of forecasts by $2.26 million. However, the company's adjusted EBITDA grew by 12.9% year-over-year, reaching $8.1 million. The healthcare segment contributed notably to this growth, with a 15.4% increase in gross profit [2].
The stock price, which closed at $22.73 in aftermarket trading, declined by 4.74% despite the positive earnings surprise. This decline may reflect broader market volatility or specific investor concerns. Analysts maintain a "Strong Buy" consensus with price targets ranging from $30 to $32, suggesting significant upside potential [3].
Investors should closely monitor RCM Technologies' performance and consider the potential risks associated with the bearish trend. It is crucial to stay informed about any new developments and adjust investment strategies accordingly.
References:
[1] https://www.ainvest.com/news/rcm-technologies-macd-death-cross-kdj-death-cross-bearish-marubozu-indicators-2508/
[2] https://www.ainvest.com/news/rcm-technologies-15min-chart-triggers-kdj-death-cross-bearish-marubozu-signal-2508/
[3] https://www.ainvest.com/news/rcm-technologies-macd-death-cross-bearish-marubozu-signal-15-minute-chart-2508/
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