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The 15-minute chart for Magnera has recently triggered two significant technical indicators. Firstly, the Relative Strength Index (RSI) has reached an oversold level, indicating that the stock price has dropped too quickly and is now below the level of fundamental support. Secondly, the KDJ (KyberneT DiNizo J) indicator has formed a golden cross, which is a bullish signal that suggests the momentum of the stock price is shifting towards the upside and has the potential to further increase.
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