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Sturm, Ruger's 15min chart shows KDJ Death Cross, bearish Marubozu.
ByAinvest
Friday, Aug 29, 2025 2:07 pm ET1min read
Sturm, Ruger's 15-minute chart has recently triggered a KDJ Death Cross, accompanied by a Bearish Marubozu formation on August 29, 2023 at 2:00 PM. This indicates a shift in the momentum of the stock price towards a downward trend, with potential for further decline. Sellers currently dominate the market, and it is likely that bearish momentum will continue to prevail.
On August 29, 2023, at 2:00 PM, Sturm, Ruger & Co.'s (SRC) 15-minute chart exhibited a KDJ Death Cross accompanied by a Bearish Marubozu formation. This technical analysis indicates a significant shift in the stock's momentum towards a downward trend, with potential for further decline. The KDJ Death Cross, a pattern on the KDJ indicator, signals a potential reversal in the market trend, while the Bearish Marubozu formation suggests that sellers are currently in control of the market [1].The KDJ Death Cross and Bearish Marubozu patterns are significant indicators of market reversals. These formations suggest that the stock price may continue to decline, as buyers are losing control of the market. Investors should closely monitor these developments and be prepared for potential further decreases in SRC's stock price.
Additionally, Sturm Ruger & Co. Director Bruce T. Pettet recently purchased 500 shares of the company's common stock at a price of $33.1 per share, totaling $16,550. This transaction, filed under SEC Form 4, brought Pettet's direct ownership of SRC shares to 6,606 [2]. While this purchase does not necessarily indicate a change in the company's outlook, it provides insight into the current sentiment among insiders.
Investors and financial professionals should remain vigilant and adjust their strategies accordingly. The continued dominance of sellers could lead to further depreciation in SRC's stock price.
References:
[1] https://www.ainvest.com/news/sturm-ruger-15min-chart-macd-death-cross-bearish-marubozu-signal-2508/
[2] https://www.tradingview.com/news/tradingview:afbcb2639fbf4:0-sturm-ruger-co-director-bruce-t-pettet-acquires-500-shares/
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