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The Hanover Insurance Group's 15-minute chart indicates that the Relative Strength Index (RSI) has exceeded the overbought threshold, accompanied by a bearish Marubozu candlestick pattern on November 13, 2023 at 09:45. This suggests that the stock price has experienced a rapid upward trend that exceeds the underlying fundamentals, which is a sign of a potentially unsustainable rally. Furthermore, the presence of sellers dominating the market and the bearish momentum is likely to persist.
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