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According to the 15-minute chart for Butterfield, a technical indicator known as the MACD Death Cross has been triggered, accompanied by a bearish Marubozu candlestick pattern on April 12, 2023 at 10:00. This suggests that the stock price may experience further downward momentum, as sellers currently dominate the market. The bearish sentiment is likely to persist, indicating a potential decline in the stock's value.
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