Block's 15min chart: MACD Death Cross, Bollinger Bands Narrowing Alert Issued

Block's 15-minute chart has recently displayed a MACD Death Cross, accompanied by Bollinger Bands Narrowing, which occurred at 02/06/2026 at 14:00. This technical indicator suggests that the stock price may continue to decline and exhibit reduced volatility. The MACD Death Cross is a bearish signal that indicates the 12-period moving average has crossed below the 26-period moving average, signaling a potential downtrend. The narrowing Bollinger Bands indicate that the stock price is experiencing reduced fluctuations, which may lead to increased predictability and potentially more significant price movements. Investors should closely monitor Block's performance in the coming days to assess the validity of this technical analysis.