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Fresh Del Monte Produce's 15-minute chart has recently exhibited signs of an overbought condition, as indicated by an RSI (Relative Strength Index) reading above 70. Furthermore, the KDJ (KST-Differential) indicator has crossed below the 9-day moving average, resulting in a "death cross" signal at 12:03 PM on March 3, 2025. This suggests that the stock price has risen too quickly and may be unsupported by fundamental factors. As a result, momentum is shifting towards a downward trend, with a potential for further decreases in the stock price.
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