Westamerica Bancorporation's 15min chart triggers KDJ Golden Cross, Bullish Marubozu signal.

Monday, Jul 28, 2025 2:51 pm ET1min read

Westamerica Bancorporation's 15-minute chart exhibited a significant technical indicator on July 28, 2025, at 14:45. Specifically, a KDJ Golden Cross and a Bullish Marubozu pattern emerged, suggesting that the momentum of the stock price is shifting towards an upward trajectory. This shift is indicative of a strengthening buying presence in the market, which could lead to further price appreciation. The current bullish momentum is likely to persist as long as buyers maintain control.

Westamerica Bancorporation (WABC) experienced a notable technical shift on July 28, 2025, at 14:45, as its 15-minute chart displayed a significant technical indicator. Specifically, a KDJ Golden Cross and a Bullish Marubozu pattern emerged, suggesting a shift in the momentum of the stock price towards an upward trajectory. This bullish signal is indicative of a strengthening buying presence in the market, which could lead to further price appreciation.

The KDJ Golden Cross is a technical indicator that combines the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI). When the MACD line crosses above the signal line and the RSI is above 50, it suggests a bullish trend. The Bullish Marubozu pattern, characterized by a long white candle with no shadows, indicates strong buying pressure.

The current bullish momentum is likely to persist as long as buyers maintain control. This is supported by Westamerica Bancorporation's strong financial performance in Q2 2025, as reported on July 17, 2025 [1]. The bank's net income of $29.1 million and a dividend increase to $0.46 per share demonstrate its ability to generate returns for shareholders. Additionally, the bank's low-cost funding model and conservative balance sheet position it well to withstand rising interest rates.

Investors seeking reliable income with downside protection may find Westamerica Bancorporation an attractive option. Its dividend yield of approximately 3.83% in Q1, combined with a strong return on equity (ROE) of 11.2% in Q2, provides reassurance that the yield is sustainable. Furthermore, the bank's disciplined approach to capital and risk management will likely keep it at the forefront of income-oriented portfolios.

References:
[1] https://www.ainvest.com/news/westamerica-bancorporation-high-quality-income-stock-rising-rate-environment-2507/

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