Warning: Docebo's 15min chart indicates bearish trend with MACD Death Cross

According to the technical analysis of Docebo's 15-minute chart, the Moving Average Convergence Divergence (MACD) indicator has triggered a Death Cross, and a Bearish Marubozu pattern was observed on October 6, 2025 at 3:15 PM. This suggests that the stock price has the potential to continue declining, with sellers dominating the market and bearish momentum likely to persist.

Chipmaker AMD's (AMD) stock surged by approximately 35% following the announcement of a significant AI infrastructure deal with OpenAI. This deal, along with the growing demand for advanced chips and data centers, has fueled the AI-driven bull market. The stock market responded positively, with the S&P 500 rising 0.3%, the Nasdaq 100 gaining 0.9%, and the Dow Jones increasing by 0.1% AMD (AMD) Surges on AI Deal with OpenAI, Boosts Stock Market^[1].

Despite the positive market sentiment, technical analysis of Docebo's 15-minute chart indicates a potential downturn. The Moving Average Convergence Divergence (MACD) indicator triggered a Death Cross on October 6, 2025, at 3:15 PM, suggesting a bearish trend. Additionally, a Bearish Marubozu pattern was observed, indicating that sellers are dominating the market and bearish momentum is likely to persist .

Market analysts have noted the significance of AMD's partnership with OpenAI as a key catalyst for the renewed enthusiasm surrounding AI. However, they also caution that the market is largely ignoring concerns about a potential U.S. government shutdown, focusing instead on positive earnings outlooks and the possibility of further Federal Reserve rate cuts AMD (AMD) Surges on AI Deal with OpenAI, Boosts Stock Market^[1].

Investors should remain vigilant and consider the technical indicators when making investment decisions. While the AI deal with OpenAI is a positive development for AMD and the broader technology sector, the bearish signals from technical analysis suggest a potential downturn in the near future.