Praxis's 15min Chart Triggers MACD Death Cross, Bearish Marubozu Candle

Based on the 15-minute chart of Praxis, a significant technical indicator has been triggered. The MACD Death Cross, which occurred on February 6th, 2023 at 13:45, is a bearish signal that suggests the stock price is poised to continue its downward trend. Furthermore, the presence of a Bearish Marubozu candlestick pattern reinforces this notion, indicating that sellers are currently dominating the market and bearish momentum is likely to persist.