TMD Energy's 15min chart: Bollinger Bands Narrowing, KDJ Death Cross triggered

The 15-minute chart for TMD Energy has recently exhibited Bollinger Bands Narrowing, accompanied by a KDJ Death Cross on May 9th, 2025 at 14:15. This indicates a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.

The 15-minute chart for TMD Energy has recently exhibited Bollinger Bands narrowing, accompanied by a KDJ Death Cross on May 9th, 2025, at 14:15. This technical analysis suggests a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.

Bollinger Bands, a popular trend indicator, comprise a simple moving average and upper and lower bands representing standard deviations. The narrowing of these bands indicates a period of low volatility, which can precede a significant price movement. Historically, such compression often precedes a bullish or bearish breakout [1].

The KDJ Death Cross is a technical indicator that compares two moving averages to determine market momentum. A Death Cross occurs when the faster moving average crosses below the slower moving average, signaling a potential change in trend. In TMD Energy's case, the KDJ Death Cross on May 9th, 2025, at 14:15, suggests a shift in momentum towards the downside.

Given these technical indicators, investors should closely monitor TMD Energy's price movements. The narrowing of Bollinger Bands and the KDJ Death Cross signal a potential downtrend, which could lead to further decreases in the stock price.

References:
[1] https://crypto.news/pi-network-price-bollinger-bands-point-to-an-upcoming-squeeze/