Waste Connections' 15min chart shows KDJ Death Cross, bearish marubozu pattern.

Friday, Sep 5, 2025 10:33 am ET1min read

Waste Connections' 15-minute chart recently displayed a KDJ Death Cross, accompanied by a Bearish Marubozu on September 5th at 10:30. This indicates a shift in momentum towards the downside, with the potential for further decline in stock price. Sellers currently dominate the market, and it is likely that the bearish momentum will persist.

Waste Connections Inc. (WCN) has recently experienced a significant shift in its stock price momentum, as indicated by the appearance of a KDJ Death Cross on September 5, 2025, at 10:30. This technical pattern, where the K line (fast moving average) crosses below the J line (slow moving average) on the KDJ indicator, is often associated with a change in the stock's momentum from bullish to bearish [1]. Additionally, the Bearish Marubozu pattern observed on the same day suggests that the market trend is being driven by sellers.

The 15-minute chart of Waste Connections displayed a KDJ Death Cross on September 5, 2025, at 10:30, accompanied by a Bearish Marubozu candle. This combination of technical indicators points to a bearish trend, where the stock is likely to continue its downward trajectory. The appearance of the KDJ Death Cross indicates that the momentum of the stock price is shifting towards the downside, potentially leading to further decreases [1].

The stock price of Waste Connections Inc. ended at $182.88 on Tuesday, August 26, 2025, after gaining 0.379%. However, the stock has been fluctuating within a falling trend, with a -2.41% loss over the last two weeks. The technical signals indicate that the stock is expected to fall by -3.56% over the next three months, with a 90% probability of holding a price between $167.68 and $182.86 [1]. Despite the company's strong performance in the second quarter of 2025, including a 7.1% year-over-year increase in revenue and a 7.5% increase in adjusted EBITDA, the bearish momentum indicated by the technical patterns suggests that the stock may continue to experience downward pressure [2].

Investors should remain cautious and monitor the stock closely, as the technical indicators suggest a potential continuation of the downward trend. While Waste Connections reported a quarterly earnings per share of $1.29, beating expectations, and announced a quarterly dividend of $0.315 per share, the bearish momentum indicated by the technical patterns may overshadow these positive developments.

References:
[1] https://stockinvest.us/stock/WCN
[2] https://www.ainvest.com/news/waste-connections-stock-price-plummets-kdj-death-cross-bearish-marubozu-2508/

Comments



Add a public comment...
No comments

No comments yet