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Bristol-Myers Squibb's 15-minute chart recently exhibited a notable technical indicator pattern. Specifically, the Moving Average Convergence Divergence (MACD) indicator has crossed below its signal line, a phenomenon known as a "death cross." Additionally, the KDJ (Stochastic Oscillator) indicator has also crossed below its signal line, resulting in a "death cross." These technical indicators suggest that the stock price has the potential to continue declining in the near term. Furthermore, the momentum of the stock price appears to be shifting towards the downside, which may result in further decreases in the stock's value.
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