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Sify Technologies' 15min chart shows KDJ Death Cross and Bearish Marubozu.
ByAinvest
Thursday, Aug 7, 2025 3:50 pm ET1min read
Based on the technical analysis of Sify Technologies' 15-minute chart, the recent KDJ Death Cross and Bearish Marubozu at 08/07/2025 15:45 indicate a shift in momentum towards the downside. This suggests that the stock price has the potential to further decline, with sellers dominating the market and a bearish trend likely to persist.
Sify Technologies (NASDAQ: SIFY) reached a new 52-week high of $6.99 on July 31, 2025, with significant trading volume of 53,300 shares. The stock has been trading at $6.98 as of the close of business on July 31, marking a notable increase from its previous close of $6.49. The company's market capitalization stands at $480.77 million, with a P/E ratio of 167.25, indicating a high investor valuation despite relatively low current and quick ratios [1].Several institutional investors have recently added to or reduced their stakes in Sify Technologies. XTX Topco Ltd, CSS LLC IL, Virtu Financial LLC, and Acadian Asset Management LLC have purchased new stakes in the company, with Acadian Asset Management LLC increasing its holdings by 75.4% during the first quarter. These moves suggest a growing interest from institutional investors in Sify Technologies [1].
In addition to its stock performance, Sify Technologies' data center unit, Sify Infinit Spaces, is planning a $500 million IPO. The company has filed a draft red herring prospectus with the Securities and Exchange Board of India, valuing the unit at approximately $3 billion. This IPO aims to capitalize on the growing demand for data centers in India, which is expected to see a 77% capacity growth to 1.8 gigawatts in the next four years [2][3].
Technical analysis of Sify Technologies' 15-minute chart indicates a shift in momentum towards the downside. The recent KDJ Death Cross and Bearish Marubozu at 08/07/2025 15:45 suggest a potential further decline in the stock price, with sellers dominating the market and a bearish trend likely to persist [4].
References:
[1] https://www.marketbeat.com/instant-alerts/sify-technologies-nasdaqsify-hits-new-52-week-high-still-a-buy-2025-07-31/
[2] https://www.ainvest.com/news/sify-data-center-unit-plans-500m-ipo-rising-demand-ai-fueled-services-2508/
[3] https://www.communicationstoday.co.in/sify-data-centre-unit-plans-500-mn-ipo/
[4] (Provided technical analysis information)
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