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In accordance with the 15-minute chart for Cardinal Health, technical indicators have signaled a potential decline in stock performance. Specifically, the MACD (Moving Average Convergence Divergence) has formed a "death cross," which indicates that the shorter-term moving average is crossing below the longer-term moving average, suggesting a downward trend. Additionally, the Bollinger Bands have narrowed, which may indicate a decrease in volatility. Furthermore, the KDJ (Stochastic Oscillator) has also formed a "death cross," signifying a shift in momentum towards the downside. These indicators collectively suggest that the stock price has the potential to continue falling and may experience further decreases in magnitude.
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