Envela's 15min chart shows MACD Death Cross, Bollinger Bands Narrowing, and Bearish Marubozu.

The 15-minute chart for Envela has triggered a MACD Death Cross, Bollinger Bands Narrowing, and a Bearish Marubozu at 12:45 PM on December 30th, 2022. This indicates that the stock price has the potential to continue falling, with a decreasing magnitude of fluctuations, and a bearish momentum that is likely to persist. The MACD Death Cross suggests that the short-term moving average has crossed below the long-term moving average, signaling a potential trend reversal towards a bearish direction. The Bollinger Bands Narrowing indicates that the stock price is becoming less volatile, with a decreasing range of price fluctuations. The Bearish Marubozu, a type of candlestick pattern, suggests that the bears are in control of the market, with no buying interest during the session. Overall, these technical indicators suggest that Envela's stock price has the potential to continue falling in the short term.