Mesoblast's chart shows MACD Death Cross, Bollinger Bands expanding downward, KDJ Death Cross.
Based on the 15-minute chart of Mesoblast, several technical indicators have triggered signals that suggest the stock price has the potential to continue falling. Specifically, the Moving Average Convergence Divergence (MACD) has crossed below the signal line, indicating a bearish trend. Additionally, the Bollinger Bands are expanding downward, which can indicate increased volatility and a potential downward break of the stock price. Furthermore, the KDJ (Stochastic Oscillator) has crossed below the signal line, which suggests that the momentum of the stock price is shifting towards the downside and has the potential to further decrease. Overall, these indicators suggest that market trend is being driven by sellers, and the stock price has the potential to continue falling.
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