AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
According to the 15-minute chart of Cactus, the Moving Average Convergence Divergence (MACD) indicator has crossed below the signal line, which is known as a death cross. Additionally, the Bollinger Bands have narrowed, indicating that the stock price is experiencing a decrease in volatility. This suggests that the stock price has the potential to continue falling, with a reduced magnitude of fluctuations.
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet