According to the 15-minute chart for Universal Display, a bullish signal has been generated, as the KDJ Golden Cross and Bullish Marubozu indicators have been triggered on August 18, 2022 at 15:00. This indicates a shift in the momentum of the stock price towards the upside, suggesting a potential increase in value. The dominant presence of buyers in the market is likely to continue, and the bullish momentum is expected to persist.
Universal Display (NASDAQ: OLED) has recently exhibited significant technical indicators that suggest a potential upward trend in its stock price. On August 18, 2022, at 15:00, the company's 15-minute chart triggered both the KDJ Golden Cross and Bullish Marubozu indicators. These signals indicate a shift in momentum towards the upside, suggesting a potential increase in value.
The KDJ Golden Cross is a popular momentum indicator that occurs when the K line (fast stochastic) crosses above the D line (slow stochastic) from below, indicating a potential reversal in price momentum. The Bullish Marubozu pattern, characterized by a long white candle with no upper or lower wicks, suggests that the price has moved strongly in one direction without any resistance or support, further confirming the uptrend.
Market Dynamics
Universal Display has been experiencing strong financial performance. Its Q2 revenue grew 8% year-over-year to $172 million, driven by higher royalty and licensing fees. The company's asset-light model and high margins are key strengths. The recent developments in OLED technology, particularly the phosphorescent blue emitter, are expected to drive further growth. Multiple large-scale OLED panel fabs are under construction, and the company is well-positioned to benefit from this trend.
Technical Analysis
According to [2], Universal Display's stock price gained 1.03% on the last trading day (Thursday, July 31, 2025), rising from $23.40 to $23.64. However, the stock is expected to fall by -7.43% over the next three months, with a 90% probability of holding a price between $21.09 and $24.85. The stock's MACD also issued a buy signal, but this was contradicted by sell signals from both short and long-term moving averages.
Insider Activity and Institutional Ownership
Insiders have been active in selling shares of Universal Display. Chairman Sean P. Downes sold 25,000 shares on June 12, 2025, and Director Jon Springer sold 30,000 shares on May 30, 2025. Institutional investors own 66.61% of the company's stock, with several hedge funds and other institutional investors increasing their stakes in the first quarter of 2025.
Analyst Ratings
Analysts have been mixed in their ratings for Universal Display. While Wall Street Zen upgraded the stock to a "strong-buy" rating, it was not among the top five stocks recommended by MarketBeat analysts [1].
Conclusion
The recent technical indicators suggest that Universal Display may continue to experience bullish momentum, despite its strong earnings performance. Investors should closely monitor the stock's price action and consider the implications of the KDJ Golden Cross and Bullish Marubozu patterns.
References
[1] https://www.marketbeat.com/instant-alerts/universal-display-nyseolde-issues-earnings-results-2025-07-26/
[2] https://stockinvest.us/stock/OLED
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