Based on the 15-minute chart of RF Industries, a KDJ Death Cross and Bearish Marubozu pattern emerged on September 4, 2025, at 10:00 am. This indicates a shift in momentum towards the downside, suggesting that the stock price may continue to decline. The bears are currently in control of the market, and it is likely that this bearish trend will persist.
Based on the latest 15-minute chart of RF Industries, a significant technical signal has emerged, suggesting a potential downward trend in the stock price. On September 4, 2025, at 10:00 am, a KDJ Death Cross and Bearish Marubozu pattern were observed [1]. These patterns indicate a shift in momentum towards the downside, signaling that the stock price may continue to decline.
The KDJ Death Cross, a bearish indicator, is formed when the KDJ line crosses below the signal line. This typically suggests a potential reversal in the market trend. The Bearish Marubozu pattern, characterized by a long white candle with no wicks, further reinforces the bearish sentiment, indicating strong selling pressure and a potential continuation of the downtrend [1].
These technical signals align with broader market conditions, where select shares have shown signs of upward momentum following a period of consolidation. However, the recent narrowing of Bollinger Bands and the appearance of a Death Cross in RF Industries' 15-minute chart suggest a shift towards a bearish trend [1].
RF Industries has been experiencing a strong backlog growth, with its backlog increasing to $15 million at the end of the second quarter of 2025. Despite this positive development, the stock has dropped 19.5% in the past month, with the Zacks Consensus Estimate for third-quarter fiscal 2025 revenues pegged at $18.5 million, suggesting 10% growth from the year-ago quarter [2].
The stock faces stiff competition from companies like Amphenol (APH) and TE Connectivity (TEL) in the connectivity and high-speed interconnect domain. Amphenol's strong portfolio and TE Connectivity's benefits from AI applications and energy applications are driving their prospects [2].
Investors should closely monitor these technical signals and consider the implications for their portfolios. The recent bullish Marubozu formation and expansion of Bollinger Bands on August 25, 2025, at 10:45, indicated strong buying activity and a bullish trend, but the current technical indicators suggest a shift towards a bearish trend [1].
References:
[1] https://www.ainvest.com/news/rf-industries-bollinger-bands-narrowing-kdj-death-cross-15min-chart-2509/
[2] https://www.nasdaq.com/articles/rf-industries-backlog-continues-grow-can-it-spark-comeback
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