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According to the 15-minute chart for Acushnet Holdings, a notable technical indicator has been triggered. Specifically, the Moving Average Convergence Divergence (MACD) has crossed below its signal line, commonly referred to as a "death cross," and the KDJ (stochastic oscillator) has also formed a death cross. This suggests that the stock price has entered a bearish trend and is poised to continue its downward trajectory. Furthermore, the momentum behind the stock price is shifting towards the downside, which could lead to further declines in the future.
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