Topbuild's 15-min chart triggers KDJ Golden Cross, bullish Marubozu pattern.

Topbuild's 15-minute chart has recently experienced a significant development, as it has triggered a Golden Cross on the KDJ indicator, accompanied by a Bullish Marubozu pattern. This suggests that the momentum of the stock price is shifting towards the upside and has the potential to further increase. As the buyers continue to exert control over the market, it is likely that the bullish momentum will persist.

TopBuild Corporation (BLD) has recently experienced a notable development on its 15-minute chart, with the appearance of a Golden Cross on the KDJ indicator, accompanied by a Bullish Marubozu pattern. This combination suggests a shift in the stock's momentum towards the upside, potentially indicating further price increases. As buyers continue to dominate the market, the bullish momentum is expected to persist.

The Golden Cross, a technical indicator, is formed when a short-term moving average crosses above a long-term moving average. This event is often seen as a bullish signal, indicating a potential upward trend in the stock's price. The Bullish Marubozu pattern, characterized by a long white candle with no wick, signifies strong buying pressure and a potential continuation of the upward trend.

According to the latest financial data, TopBuild Corporation reported solid earnings for the second quarter of 2025, with an adjusted EPS of $5.31, exceeding the consensus estimate of $5.093. The company also reported revenue of $1.3 billion, meeting the consensus estimate of $1.31 billion. The acquisition of Progressive Roofing, which closed in July 2025, is expected to contribute to the company's growth, with analysts upgrading the stock to a Buy rating [1].

Analysts have also raised their price targets for TopBuild Corporation, with several firms increasing their estimates. For instance, Benchmark raised its price target to $444 from $375, while Seaport Research upgraded the stock to a Buy with a $450 price target. Truist also raised its price target to $370 from $310, keeping a Hold rating. These upgrades reflect the positive outlook on the company's strategic growth and diversification efforts [1].

The housing market, while still facing challenges, has shown signs of recovery. Mortgage rates have decreased slightly, and single-family housing starts have increased. High-profile investors like Berkshire Hathaway have disclosed positions in large U.S. builders, signaling confidence in the space. Homebuilder ETFs offer a diversified way to access this sector and express a view on the recovery path for housing [2].

In conclusion, TopBuild Corporation's recent technical developments and positive earnings reports suggest a strong upward momentum. The Golden Cross and Bullish Marubozu pattern indicate potential further price increases, supported by the company's strategic growth initiatives and the improving housing market.

References:
[1] https://www.tipranks.com/stocks/bld
[2] https://etfdb.com/news/2025/08/28/framing-opportunity-homebuilder-etfs/