Rogers's 15-minute chart has recently triggered a KDJ Golden Cross and a Bullish Marubozu pattern, which indicates that the momentum of the stock price is shifting towards an upward trend. This suggests that there is a high potential for further price increases, as buyers are currently in control of the market. As a result, it is likely that bullish momentum will continue in the near future.
Rogers Communications' (NYSE: RCI) 15-minute chart has recently exhibited significant bullish technical indicators, suggesting a potential upward trend in the stock price. The chart has triggered both a KDJ Golden Cross and a Bullish Marubozu pattern, indicating a shift in momentum towards the upside. This development is a positive sign for investors, as it suggests that buyers are currently in control of the market.
The KDJ Golden Cross is a technical indicator that signifies a shift from a bearish to a bullish market. This signal is generated when the KDJ line crosses above the Death Cross line, indicating a change in momentum. In Rogers Communications' case, this signal occurred on July 2, 2025, at 14:30 [1]. The Bullish Marubozu pattern, on the other hand, is characterized by a single candlestick that closes at the high of the day and opens at the low, with no wicks. This pattern indicates strong buying pressure and a potential continuation of the upward trend.
These technical signals are further supported by recent institutional investor activity. Northwest & Ethical Investments L.P. increased its stake in Rogers Communications by 28.8% in the first quarter, owning 443,299 shares worth approximately $11.85 million [1]. Other institutional investors, such as American Century Companies Inc., Gulf International Bank UK Ltd, Caitong International Asset Management Co. Ltd, Nuveen LLC, and Aigen Investment Management LP, also modified their holdings in RCI during the first quarter [1].
Wall Street analysts maintain a consensus rating of "Hold" for Rogers Communications, with an average price target of $59.00 [1]. Despite this, top-rated analysts believe there are better buy opportunities than Rogers Communications [1]. Scotiabank reaffirmed a "sector perform" rating, while BMO Capital Markets reaffirmed an "outperform" rating. Barclays increased their price target to $33.00 and gave the stock an "equal weight" rating [1].
Rogers Communications has also increased its quarterly dividend, which will be paid on October 3, 2025, with a dividend yield of 4.1% [1]. The company's payout ratio is currently 72.64%, indicating a healthy balance between dividends and earnings.
As Rogers Communications prepares for its next earnings release, investors should closely monitor the stock's technical indicators and analyst ratings to make informed investment decisions. The recent KDJ Golden Cross and Bullish Marubozu pattern suggest a potential uptrend, but the stock's fundamentals and dividend yield may still appeal to income-oriented investors.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-northwest-ethical-investments-lp-has-1185-million-position-in-rogers-communication-inc-nyserci-2025-08-17/
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