SPX Technologies' 15-min chart sees KDJ Golden Cross, Bullish Marubozu signal.

The 15-minute chart for SPX Technologies recently exhibited a KDJ Golden Cross and a Bullish Marubozu at 08/08/2025 14:45. This indicates a shift in the momentum of the stock price towards the upside, suggesting that the price has the potential to further increase. The control of the market is currently in the hands of buyers, and as such, the bullish momentum is likely to continue.

SPX Technologies (NYSE: SPXC) recently exhibited significant technical indicators on its 15-minute chart, signaling a potential shift in market momentum. On August 8, 2025, at 14:45, the stock displayed a KDJ Golden Cross and a Bullish Marubozu formation. These indicators suggest a bullish trend, with increased buying activity and market control by buyers, potentially leading to further price appreciation.

The KDJ Golden Cross, a significant technical indicator, occurs when the KDJ line crosses above the D line. This event indicates a shift in momentum towards a more bullish trend. The Bullish Marubozu formation, observed during this event, reinforces the notion of increased buying activity, suggesting that the market is currently controlled by buyers. These indicators together imply that SPX Technologies is likely to experience further price appreciation in the near term.

Recent Performance and Market Sentiment

In the past year, SPXC’s stock has jumped from $147.85 to $204.31, a 38.2% climb, outpacing the S&P 500's 19.9% rise [1]. The company has seen robust growth, with full-year 2024 sales growing 21.6% and the latest quarter's revenue up 10.2% year-over-year. SPXC's forward P/E ratio stands at 37.1×, higher than the market's 25×, but the company's solid backlog and guidance for 2025 growth suggest potential upside.

Wall Street's sentiment is cautiously positive, with a 'Moderate Buy' rating and price targets around $193–$199, implying little immediate upside [1]. Short interest is at 2.14% of shares, with a 3.7-day cover ratio, indicating limited bearish pressure.

Key Risks and Outlook

While the technical indicators suggest bullish momentum, investors should be mindful of potential risks. SPXC operates in cyclical end markets, making it sensitive to economic conditions. Its high valuation and negative free cash flow also pose concerns. However, the company's strong backlog, double-digit growth guidance, and discounted EV/sales ratio hint at potential upside if all goes well.

The next earnings report, expected in early November 2025, will provide updated guidance and margin insights. Additionally, the company's acquisition of Sigma & Omega, due to close in Q3 2025, and the planned launch of the OlympusV Max cooling solution for data centers later in 2025, are key events to watch.

Conclusion

SPX Technologies' recent technical indicators on the 15-minute chart suggest a bullish trend with increased buying activity and market control by buyers. While the company faces risks, its strong growth trajectory, margin expansion, and attractive niche positions make it an intriguing investment for long-term investors. Staying informed about new deals and ensuring successful integration and cash generation will be crucial for investors considering SPXC.

References:

[1] https://finimize.com/content/spxc-asset-snapshot
[2] https://www.ainvest.com/news/revvity-15min-chart-triggers-kdj-golden-cross-bullish-marubozu-formation-2508/