Extra Space Storage's 15min chart indicates bearish trends, MACD Death Cross, Bollinger Bands Narrowing, KDJ Death Cross.
Based on the 15-minute chart for Extra Space Storage, there are several technical indicators that suggest the stock price may continue to decline. Firstly, the Moving Average Convergence Divergence (MACD) has triggered a death cross, which is a bearish signal indicating that the stock price is likely to experience a downturn. Additionally, the Bollinger Bands are narrowing, which suggests that the magnitude of stock price fluctuations is decreasing, potentially leading to greater volatility. Furthermore, the KDJ (Stochastic Oscillator) has also triggered a death cross, indicating that the momentum of the stock price is shifting towards the downside and may lead to further decreases in value.
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