Westamerica Bancorporation's MACD, KDJ Death Cross Triggered on 15min Chart

Westamerica Bancorporation's 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross, both occurring at 09/04/2025 at 15:00. This suggests that the stock price has the potential to continue falling, and the momentum of the stock price is shifting towards the downside, with a potential for further decreases.

Westamerica Bancorporation's (WABC) 15-minute chart has recently triggered two significant technical indicators, the MACD Death Cross and the KDJ Death Cross, both occurring at 09/04/2025 at 15:00. This suggests a potential shift in the stock price towards the downside, indicating a possible continuation of the downward trend.

The MACD Death Cross, which occurs when the MACD line crosses below the signal line, typically signals a change in the trend from bullish to bearish. This is often accompanied by a decline in the stock price. Similarly, the KDJ Death Cross, where the Kijun Sen line crosses below the Tenkan Sen line, indicates a trend reversal. When combined with the Bearish Marubozu pattern, which signifies strong selling pressure, these indicators suggest that the stock price may continue to decline [1].

Westamerica Bancorporation is a bank holding company that provides a full range of banking services to individual and commercial customers in Northern and Central California. According to Validea's Patient Investor model, which is based on Warren Buffett's strategy, WABC received a rating of 72%. This score indicates some interest in the stock, given that a score of 80% or above typically suggests interest in the stock and a score above 90% indicates strong interest [1].

The company's stock performance has been mixed, with the earnings predictability, return on equity, and return on assets meeting the criteria set by the strategy. However, the use of retained earnings and the expected return did not meet the criteria. Despite these mixed results, the recent technical indicators suggest that investors may want to closely monitor the stock's performance in the coming weeks [1].

Investors should be cautious and conduct thorough research before making any investment decisions. It is essential to consider both the fundamental and technical aspects of a stock before making a decision. The recent indicators suggest that the stock may be at risk of further declines, but this should not be considered a definitive signal.

References:
[1] https://www.nasdaq.com/articles/valideas-top-financial-stocks-based-warren-buffett-9-3-2025