First Merchants's 15min chart triggers MACD Death Cross, Bearish Marubozu Candle

In the 15-minute chart for First Merchants, the Moving Average Convergence Divergence (MACD) indicator has triggered a "death cross," which is a bearish signal indicating that the stock price has the potential to continue declining. Furthermore, the presence of a "bearish marubozu" candlestick formation on February 4, 2026 at 13:30 also suggests that sellers are currently dominating the market, and there is a high likelihood of continued bearish momentum in the coming hours.