Semtech's 15min chart indicates MACD Death Cross, Bollinger Bands Narrowing, KDJ Death Cross.

Semtech's 15-minute chart has recently experienced a significant change, with the MACD indicator crossing below the signal line, a Bollinger Bands narrowing, and a KDJ indicator crossing below 20, all of which occurred on December 2, 2023 at 15:30. These technical indicators suggest that the stock price has the potential to continue declining, with a decrease in the magnitude of price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.