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

According to the 15-minute chart for Westamerica Bancorporation, there has been a significant development that warrants attention. The KDJ Golden Cross, which is a technical indicator that signals a shift in momentum, has been triggered. Additionally, a bullish Marubozu candlestick pattern appeared on the chart at 09:15 on September 3, 2025. This indicates that the momentum of the stock price is trending upwards and has the potential to continue increasing. The buyers are in control of the market, and the bullish momentum is likely to persist.

Westamerica Bancorporation (NASDAQ: WABC) has recently shown significant bullish signals on its 15-minute chart. At 09:15 on September 3, 2025, the KDJ Golden Cross and a Bullish Marubozu candlestick pattern were observed. These technical indicators suggest a shift in momentum towards an upward trend, indicating potential continued growth in the stock price.

The KDJ Golden Cross, a technical indicator that combines the Keltner Channels (KDJ) and the Average True Range (ATR), crossed above its signal line. This crossover suggests that the momentum of the stock price is shifting towards an upward trend [1]. The Bullish Marubozu pattern, characterized by a long body with no wicks, indicates strong buying pressure without any selling activity, further reinforcing the bullish momentum [1].

Westamerica Bancorporation has seen a notable improvement in its market sentiment, as evidenced by a 3-day winning streak and a 14.04% gain since July 17, 2025. The stock's price fluctuated between $17.05 and $18.05 during the last trading day, reflecting high volatility. The increased trading volume of 158 thousand shares on rising prices signals potential growth [1].

Analysts have been generally optimistic about WABC, with a recent analyst rating of a Hold with a $60.00 price target [1]. However, the technical signals suggest a potential upturn in the stock's performance. The current market cap of $1.31 billion reflects the company's stable financial performance, with a recent net income of $29.1 million for the quarter ending June 30, 2025 [2].

Investors should closely monitor these developments, as they may indicate a change in the broader trend of the stock. The company's strong financial performance and reliable earnings stream may help sustain the bullish momentum, but investors should remain cautious.

References:
[1] https://www.ainvest.com/news/westamerica-bancorporation-15min-chart-triggered-kdj-golden-cross-bullish-marubozu-pattern-2508/
[2] https://www.prnewswire.com/news-releases/bank-directors-rankingbanking-study-ranks-top-performing-us-banks-302539012.html