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According to Accelerant's 15-minute chart, there are several technical indicators that suggest a bearish trend in the stock market. Firstly, the Moving Average Convergence Divergence (MACD) has formed a "death cross," which is a bearish signal that indicates a potential decline in the stock price. Secondly, the Bollinger Bands have narrowed, which suggests that the magnitude of stock price fluctuations is decreasing, and the market is experiencing a period of relative stability. Finally, the stock price has closed with a bearish Marubozu candlestick pattern, which indicates that sellers are in control of the market and bearish momentum is likely to continue. Overall, these indicators suggest that the stock price has the potential to continue falling.
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