Shoe Carnival's 15min chart shows MACD Death Cross, Bearish Marubozu signal.

Based on the 15-minute chart of Shoe Carnival, a significant technical indicator has been triggered, namely the MACD Death Cross, which occurred on January 29, 2026 at 12:45. This bearish signal is reinforced by the presence of a Bearish Marubozu candlestick pattern, indicating a strong downtrend and a high likelihood of continued selling pressure. As a result, the stock price has the potential to continue declining, with sellers dominating the market and bearish momentum likely to persist.