World Kinect's 15min chart shows KDJ Golden Cross, bullish Marubozu signal.

Thursday, Aug 21, 2025 1:49 pm ET1min read

According to the 15-minute chart for World Kinect, a KDJ Golden Cross and Bullish Marubozu were observed on August 21, 2025, at 13:45. This indicates a shift in the momentum of the stock price towards the upside, with a potential for further growth. The control of the market by buyers suggests that bullish momentum is likely to continue.

World Kinect Corporation (NYSE: WKC) experienced a notable shift in its stock price momentum on August 21, 2025, at 13:45, as observed through a 15-minute chart analysis. The chart indicated a KDJ Golden Cross and a Bullish Marubozu, suggesting a significant bullish momentum shift [1].

The KDJ Golden Cross, a technical indicator, signals a potential change in the trend from bearish to bullish. This is typically associated with an increase in the stock price. The Bullish Marubozu, another technical indicator, is characterized by a long white candle with no shadows, indicating strong buying pressure and a potential upward movement in the stock price.

The control of the market by buyers, as suggested by these indicators, implies that the bullish momentum is likely to continue. This shift in momentum comes after recent changes in institutional holdings and analyst ratings. Brandywine Global Investment Management LLC increased its stake in World Kinect by 6.2% in the first quarter, owning approximately 209,277 shares valued at about $5.9 million [1]. Additionally, several other institutional investors have also recently made changes to their positions in the business, including Caitong International Asset Management Co. Ltd., PNC Financial Services Group Inc., EP Wealth Advisors LLC, Eukles Asset Management, and Quantinno Capital Management LP [1].

Analysts have also shifted their ratings and price objectives for World Kinect. Morgan Stanley and Bank of America have dropped their price targets, while Raymond James Financial has reissued an "outperform" rating and issued a $33.00 price objective [1]. Despite the overall "Reduce" rating among analysts, these indicators suggest a potential upward trend in World Kinect's stock price.

World Kinect's recent quarterly earnings report also showed a positive return on equity of 7.07% and a revenue of $9.04 billion, compared to analyst estimates of $9.32 billion [1]. The company also declared a quarterly dividend of $0.20 per share, representing a $0.80 dividend on an annualized basis and a dividend yield of 3.1% [1].

While the recent indicators suggest a bullish trend, investors should remain cautious and monitor the stock's performance closely. The company's market capitalization of $1.43 billion, a PE ratio of 11.19, and a price-to-earnings-growth ratio of 1.17 provide additional context for the stock's valuation [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-world-kinect-corporation-wkc-shares-bought-by-brandywine-global-investment-management-llc-2025-08-18/

Comments



Add a public comment...
No comments

No comments yet