According to the 15-minute chart for WD-40, a bullish momentum indicator known as the KDJ Golden Cross was triggered on September 4, 2023 at 15:00. This suggests that the stock price's momentum is shifting in a positive direction and has the potential to continue increasing. Furthermore, the presence of a bullish marubozu candlestick pattern on the chart reinforces the notion that buyers are in control of the market and that the upward momentum is likely to persist.
On September 2, 2025, WD-40 Co (WDFC) saw a significant bullish signal in its 15-minute chart. The KDJ Golden Cross, a technical indicator that signals a potential trend change when the K line crosses above the D line on the chart, was triggered at 12:15. This was accompanied by a bullish Marubozu candlestick pattern, characterized by a long body with no upper or lower wicks, indicating strong buying pressure throughout the trading session. These signals suggest a shift in momentum towards the upside, with potential for further price appreciation.
The bullish momentum is further supported by WD-40 Co's strong financial performance. In Q2 2025, the company reported total net sales of $146.1 million, a 5% increase year-over-year, with maintenance product sales growing 6% to $139.3 million [4]. Gross margin improved to 54.6% from 52.4% in the prior year. The company also revised its FY2025 guidance upward, projecting net sales between $600-630 million and diluted EPS between $5.25-$5.55 [4].
Additionally, WD-40 Co has been focusing on strategic initiatives and divestments to improve its core maintenance products business. In April 2025, the company announced the return of its annual Repair Challenge, promoting sustainable practices and aligning with its commitment to getting the job done right [5]. In July 2025, WD-40 Co reported its Q3 2025 financial results with record quarterly net sales of $156.9 million, up 1% year-over-year [3].
Overall, the bullish signals in WD-40 Co's 15-minute chart, combined with its strong financial performance and strategic focus, suggest potential for further price appreciation. Investors should closely monitor the company's performance and market trends for any additional insights.
References:
[1] https://www.stocktitan.net/news/WDFC/
[2] https://www.stocktitan.net/news/WDFC/09/02/2025/08/30/WD-40-Company-Announces-Divestiture-of-U.K.-Homecare-and-Cleaning-Businesses
[3] https://www.stocktitan.net/news/WDFC/07/10/2025/04/05/WD-40-Company-Reports-Third-Quarter-2025-Financial-Results
[4] https://www.stocktitan.net/news/WDFC/04/29/2025/01/04/The-WD-40-Brand-Repair-Challenge-Returns
[5] https://www.stocktitan.net/news/WDFC/04/08/2025/07/00/WD-40-Company-Reports-Second-Quarter-2025-Financial-Results
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