DNA Sciences: MACD Death Cross, Bollinger Bands Narrowing on 15-Minute Chart

Based on the 15-minute chart of DNA Sciences, the MACD indicator has triggered a death cross and the Bollinger Bands have narrowed on October 1, 2025, at 13:00. This suggests that the stock price has the potential to continue declining and the magnitude of price fluctuations is decreasing.

Foresight News reported that Nasdaq-listed biotechnology company Applied DNA Sciences announced a private investment in public equity (PIPE) financing of up to $58 million, led by Galaxy, Off The Chain, Silvermine, and Gaia Digital Assets. The company has already secured commitments totaling $27 million through the PIPE financing, including cash, stablecoins, and OBNB trust units. The exercise of future warrants could bring an additional $31 million in proceeds, bringing the total financing amount to a maximum of $58 million. The financing is expected to be completed by October 1 Applied DNA Sciences announces up to $58 million private equity investment financing and launches BNB treasury strategy^[1].

Based on the 15-minute chart of DNA Sciences, the MACD indicator has triggered a death cross and the Bollinger Bands have narrowed on October 1, 2025, at 13:00. This suggests that the stock price has the potential to continue declining and the magnitude of price fluctuations is decreasing .

As of September 12, 2025, the market indicators are signaling a potential decline in the stock price of Applied DNA Sciences. Investors should closely monitor the company's financial performance and market conditions to make informed decisions.