Anteris Technologies's 15min chart triggers MACD Death Cross, Bearish Marubozu.

Based on Anteris Technologies's 15-minute chart, a MACD Death Cross and Bearish Marubozu pattern emerged on June 20, 2023, at 12:15. This suggests that the stock price has the potential to continue declining, with sellers dominating the market and bearish momentum likely to persist.

Anteris Technologies Global (ASX:AVR) has been experiencing a significant decline in its share price, with a 72% drop over the last three years and a 65% decrease over the past year. This downward trend is a cause for concern for long-term shareholders, who have witnessed a 37% decline in the share price in the last 90 days alone [1].

The latest technical analysis suggests that the stock may continue its downward trajectory. On June 20, 2023, at 12:15, a MACD Death Cross and Bearish Marubozu pattern emerged on the 15-minute chart, indicating potential further price declines. These patterns suggest that sellers are dominating the market and bearish momentum is likely to persist [2].

Financial fundamentals also paint a grim picture for Anteris Technologies Global. The company has experienced a 24% annual revenue shrink over the last three years, which is a weak trend compared to other loss-making companies. The share price has mirrored this trend, falling at a rate of 20% per year. The company's balance sheet strength is a crucial factor to consider, and a free report on the company's financial position over time is available [1].

Investors have faced a tough year with Anteris Technologies Global, with a total loss of 65% compared to a market gain of about 14%. However, long-term shareholders have seen a gain of 6% per year over half a decade, indicating potential for long-term sustainable growth if fundamental data improves. Five warning signs, including three potentially serious issues, have been identified for the company, which investors should be aware of [1].

Given the current technical and fundamental indicators, investors should approach Anteris Technologies Global with caution. The company's weak revenue and earnings trends, along with the bearish momentum indicated by the MACD Death Cross and Bearish Marubozu pattern, suggest that the stock may continue to decline. However, long-term investors should monitor the company's fundamentals and consider the current sell-off as an opportunity if the fundamental data improves.

References:
[1] https://simplywall.st/stocks/au/healthcare/asx-avr/anteris-technologies-global-shares/news/anteris-technologies-global-asxavr-shareholders-incur-furthe