Simec's 15min chart shows MACD Death Cross, RSI Overbought, and Narrowing Bollinger Bands.

Based on the technical analysis of Group Simec's 15-minute chart, the MACD indicator has recently triggered a Death Cross signal, indicating a potential downward trend for the stock price. Furthermore, the Relative Strength Index (RSI) has reached an overbought level, suggesting that the stock price has risen too rapidly and is not supported by its fundamental value. Additionally, the Bollinger Bands are currently narrowing, which implies that the magnitude of the stock price fluctuations is decreasing. These indicators collectively suggest that the stock price has the potential to continue falling in the near term.