John Hancock's 15min chart signals MACD Death Cross, KDJ Death Cross, bearish Marubozu.

According to John Hancock's 15-minute chart, there have been several bearish technical indicators triggered on June 3, 2023 at 14:30. Specifically, the MACD has formed a death cross, indicating a shift in momentum towards the downside, while the KDJ has also formed a death cross, suggesting a further decrease in stock price. Additionally, the presence of a bearish Marubozu candlestick pattern suggests that sellers currently dominate the market. Taken together, these indicators suggest that the bearish momentum is likely to continue.

John Hancock Income Securities Trust (NYSE: JHS) has declared a quarterly dividend of $0.1435 per share, payable on June 30, 2023, to shareholders of record as of June 12, 2023. This dividend represents a forward yield of 5.11% [1].

However, technical indicators suggest a bearish trend for JHS. On June 3, 2023, at 14:30, the 15-minute chart of JHS triggered several bearish technical indicators. Specifically, the MACD formed a death cross, indicating a shift in momentum towards the downside. Additionally, the KDJ formed a death cross, suggesting a further decrease in stock price. The presence of a bearish Marubozu candlestick pattern further indicates that sellers currently dominate the market. These indicators collectively suggest that the bearish momentum is likely to continue.

Investors should closely monitor the stock's performance and consider the implications of these technical indicators on their investment decisions. While the dividend announcement is a positive development, the current technical indicators warrant caution.

References:
[1] https://seekingalpha.com/news/4454596-john-hancock-income-securities-trust-declares-0_1435-dividend