PennyMac Financial: MACD Death Cross and Bearish Marubozu Indicate Downward Trend

PennyMac Financial's 15-minute chart has triggered a MACD Death Cross and a Bearish Marubozu pattern at 14:30 on December 1, 2022. This suggests that the stock price may continue to decline, as sellers currently dominate the market, and the bearish momentum is expected to persist.