Teledyne's 15min chart shows Bollinger Bands Narrowing, Bearish Marubozu Candle.

Monday, Jun 30, 2025 1:25 pm ET1min read

On June 30, 2025 at 13:15, Teledyne's 15-minute chart exhibited a narrowing of Bollinger Bands and a bearish Marubozu formation. This indicates a reduction in the magnitude of stock price fluctuations, with sellers dominating the market and suggesting a continuation of bearish momentum.

On June 30, 2025, at 13:15, Teledyne Technologies Incorporated (NYSE: TDY) exhibited a narrowing of Bollinger Bands and a bearish Marubozu formation on its 15-minute chart. This technical indicator suggests a reduction in the magnitude of stock price fluctuations, with sellers dominating the market, and a continuation of bearish momentum [1].

Despite the bearish chart pattern, analysts and institutional investors remain bullish on Teledyne Technologies. Robeco Institutional Asset Management B.V. purchased a new stake in the company in the first quarter, acquiring 14,741 shares valued at approximately $7,337,000 [1]. Other institutional investors, such as Ironwood Investment Management LLC, Tidal Investments LLC, Keel Point LLC, New York Life Investment Management LLC, and Sagespring Wealth Partners LLC, also increased their stakes in Teledyne Technologies during the fourth quarter [1].

Analysts have also set new price targets for Teledyne Technologies. Stifel Nicolaus, Bank of America, Needham & Company LLC, TD Securities, and Wall Street Zen have all issued "buy" ratings with price targets ranging from $550.00 to $626.00 [1]. Eight investment analysts have rated the stock with a buy rating, with an average target price of $554.43 [1].

Teledyne Technologies reported strong first-quarter results, with revenue of $1.45 billion and adjusted EPS of $4.95, beating analyst estimates [2]. The company's operating margin of 17.9% was in line with the same quarter last year, and management reiterated its full-year Adjusted EPS guidance of $21.30 at the midpoint [2].

Despite the bearish chart pattern, the company's fundamentals and analyst ratings suggest a bullish outlook. Investors should closely monitor the company's ability to mitigate tariff-driven cost increases and improve margins in recently acquired businesses, such as Qioptiq, as well as the strength of its order backlog, particularly in defense and space-related markets [2].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-robeco-institutional-asset-management-bv-takes-734-million-position-in-teledyne-technologies-incorporated-nysetdy-2025-06-30/
[2] https://finance.yahoo.com/news/teledyne-q1-earnings-call-top-115617113.html

Comments



Add a public comment...
No comments

No comments yet