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Based on the 15-minute chart of L.B. Foster, a technical indicator known as the Moving Average Convergence Divergence (MACD) has triggered a "death cross," which is a bearish signal. Additionally, the stock exhibited a "bearish marubozu" candlestick pattern on December 5, 2022, at 11:45. These indicators suggest that the stock price may continue to decline, with sellers dominating the market and bearish momentum likely to persist.
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