Tootsie Roll's 15-minute chart shows KDJ Golden Cross and Bullish Marubozu.

Based on the 15-minute chart for Tootsie Roll, the KDJ indicator has recently triggered a golden cross, accompanied by a bullish marubozu pattern at 10:45 AM on October 15, 2025. This indicates a shift in the momentum of the stock price towards an upward trend, with the potential for further growth. The dominance of buyers in the market suggests that bullish momentum is likely to persist.

Tootsie Roll Industries Inc. (NYSE: TR) has shown signs of positive momentum as the KDJ indicator triggered a golden cross, accompanied by a bullish marubozu pattern on October 15, 2025, at 10:45 AM Wealth Enhancement Advisory Services LLC Purchases New Holdings in Tootsie Roll Industries, Inc. $TR^[1]. This technical signal suggests a shift in the stock's price trend towards an upward trajectory, potentially indicating further growth.

The KDJ indicator, a momentum oscillator, typically consists of three lines: the K line, the D line, and the J line. A golden cross occurs when the K line (fast stochastic) crosses above the D line (slow stochastic), signaling a bullish trend. The marubozu pattern, characterized by a candle with no shadows, suggests a strong buying pressure, reinforcing the bullish signal.

This positive momentum comes after several institutional investors have increased their stakes in Tootsie Roll Industries. Wealth Enhancement Advisory Services LLC purchased 7,448 shares valued at approximately $264,000 during the second quarter Wealth Enhancement Advisory Services LLC Purchases New Holdings in Tootsie Roll Industries, Inc. $TR^[1]. Additionally, Goldman Sachs Group Inc. boosted its position by 29.1% in the first quarter, owning 215,015 shares worth $6,769,000 Wealth Enhancement Advisory Services LLC Purchases New Holdings in Tootsie Roll Industries, Inc. $TR^[1]. Other notable investors include Dynamic Technology Lab Private Ltd., AQR Capital Management LLC, Royal Bank of Canada, and Baird Financial Group Inc. Wealth Enhancement Advisory Services LLC Purchases New Holdings in Tootsie Roll Industries, Inc. $TR^[1].

Despite these positive developments, the stock has seen a slight decrease in its price, opening at $43.07 on October 15, 2025, down 0.2% from the previous day Wealth Enhancement Advisory Services LLC Purchases New Holdings in Tootsie Roll Industries, Inc. $TR^[1]. The 50-day and 200-day moving averages stand at $40.46 and $36.10, respectively, suggesting a potential support level at these prices Wealth Enhancement Advisory Services LLC Purchases New Holdings in Tootsie Roll Industries, Inc. $TR^[1].

The company recently reported earnings of $0.24 per share for the quarter, with revenue of $153.19 million Wealth Enhancement Advisory Services LLC Purchases New Holdings in Tootsie Roll Industries, Inc. $TR^[1]. The net margin was 12.72%, and the return on equity was 10.36% Wealth Enhancement Advisory Services LLC Purchases New Holdings in Tootsie Roll Industries, Inc. $TR^[1]. Analysts have maintained a "Buy" rating for the stock, with Weiss Ratings restating a "buy (b-)" rating Wealth Enhancement Advisory Services LLC Purchases New Holdings in Tootsie Roll Industries, Inc. $TR^[1].

In conclusion, the recent technical signals and increased institutional investment in Tootsie Roll Industries Inc. suggest a potential upward trend in the stock's price. However, investors should closely monitor the stock's performance and consider the broader market conditions before making investment decisions.