Based on the 15-minute chart of First Western Financial, a bearish trend has emerged as indicated by a KDJ Death Cross and a Bearish Marubozu at 11:00 AM on August 29, 2025. This suggests a shift in momentum towards the downside, with a potential for further price decreases. The sellers are currently in control of the market, and it is likely that the bearish momentum will continue.
A bearish trend has emerged for First Western Financial (NASDAQ: MYFW) as indicated by a KDJ Death Cross and a Bearish Marubozu on the 15-minute chart at 11:00 AM on August 29, 2025. These technical indicators suggest a shift in momentum towards the downside, potentially leading to further price decreases. The presence of sellers in control of the market indicates that the bearish momentum is likely to continue.
The KDJ Death Cross, generated by the KDJ indicator, occurs when the K line crosses below the D line, signaling a potential shift in the stock's momentum towards the downside [1]. The Bearish Marubozu, a candlestick pattern, is characterized by a long body with no shadows above or below, suggesting strong selling pressure [1].
This development follows a broader trend of narrowing Bollinger Bands and KDJ Death Cross formations observed in several other stocks, including ASGN and Cushing NextGen [2, 3]. While these technical indicators provide insights into potential stock price movements, it is crucial for investors to consider these signals in conjunction with fundamental analysis and broader market conditions.
As of July 7, 2025, several notable companies have seen updates to their analyst ratings and price targets, reflecting the evolving opinions of financial experts. Positive Outlook: - Alnylam Pharma (ALNY) received a "Buy" rating from Jefferies with a price target of $384.00 [1]. - Chime Financial (CHYM) was initiated with an "Overweight" rating by multiple firms, including Morgan Stanley and Barclays, with targets ranging from $39.00 to $40.00 [1]. - CryoPort (CYRX) was rated "Buy" by BTIG Research with a price target of $10.00 [1]. - Datadog (DDOG) had its price target raised from $150.00 to $175.00 by Bank of America, reiterating a "Buy" rating [1]. - Energy Transfer (ET) was initiated with a "Buy" rating by TD Cowen with a price target of $22.00 [1]. - Grab (GRAB) was rated "Buy" by Jefferies with a price target of $5.70, indicating a 20.94% upside [1]. - Home Depot (HD) was rated "Buy" by TD Cowen with a price target of $470.00 [1]. - Intuit (INTU) was rated "Buy" by Morgan Stanley with a price target of $900.00 [1]. - JPMorgan Chase & Co. (JPM) had a $298.00 target set by Evercore ISI with an "Outperform" rating [1]. - Kinder Morgan (KMI) was initiated with a "Buy" rating by TD Cowen [1]. - Lam Research (LRCX) had its "Buy" rating reiterated by Citigroup [1]. - MACOM Technology Solutions (MTSI) had its target raised from $136.00 to $154.00 by Truist Financial, maintaining a "Buy" rating [1]. - Monopar Therapeutics (MNPR) was initiated with an "Overweight" rating by Cantor Fitzgerald and a target of $74.00 [1]. - Norwegian Cruise Line (NCLH) received a "Buy" rating from Jefferies with a price target of $29.00 [1]. - Oracle (ORCL) received a "Buy" rating from UBS with a $250.00 target [1]. - Oportun Financial (OPRT) was rated "Buy" at B. Riley Financial with an $11.00 price target [1]. - Ovintiv (OVV) was rated "Buy" at Barclays Capital with a price target of $55.00 [1]. - Phibro Animal Health (PAHC) was upgraded at JPMorgan Chase from Neutral to Overweight, with the price target raised from $25.00 to $35.00 [1]. - Progressive (PGR) was downgraded by Morgan Stanley from Overweight to Equal Weight, with a price target of $290.00 [1]. - Pulse Biosciences (PLSE) was initiated [1].
References:
[1] https://www.marketbeat.com/instant-alerts/first-western-financial-inc-nasdaqmyfw-short-interest-update-2025-08-20/
[2] https://www.ainvest.com/news/western-financial-15min-chart-shows-bullish-signals-kdj-golden-cross-bullish-marubozu-2508-68/
Comments
No comments yet