Planet Fitness: Bollinger Bands Narrowing, KDJ Death Cross Indicates Potential Downturn

According to the 15-minute chart for Planet Fitness, there are currently two technical indicators that suggest a potential downturn in the stock's performance. Firstly, the Bollinger Bands are narrowing, indicating a decrease in the magnitude of stock price fluctuations. Secondly, the KDJ indicator has triggered a "death cross," which suggests that the momentum of the stock price is shifting towards the downside and has the potential to further decrease.