Power Integrations: MACD Death Cross and Bearish Marubozu Indicate Potential Downturn

Power Integrations' 15-minute chart recently experienced a MACD Death Cross and a Bearish Marubozu pattern on December 2nd, 2022, at 12:00. This technical analysis suggests that the stock price may continue to decline, as sellers are currently in control of the market and bearish momentum is expected to persist.