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Bally's Stock Price Declines Amidst MACD Death Cross and Bollinger Bands Contraction
ByAinvest
Wednesday, Dec 3, 2025 2:20 pm ET1min read
Based on the 15-minute chart of Bally's, the MACD indicator has crossed below the signal line, indicating a bearish trend. The Bollinger Bands are narrowing, suggesting a decrease in the magnitude of stock price fluctuations. Additionally, the formation of a bearish Marubozu candle at 12/03/2025 14:15 indicates that sellers are currently in control of the market. Given these technical indicators, it is likely that the bearish momentum will continue.
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