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The 15-minute chart for Middlefield Banc has exhibited signs of oversold conditions, as indicated by a reading on the Relative Strength Index (RSI). Additionally, the 15-minute chart has recently experienced a golden cross, which is a technical indicator that suggests a shift in momentum towards the upside. This suggests that the stock price has dropped more quickly than is supported by the underlying fundamentals, and that the momentum of the stock price is now shifting in a positive direction, potentially leading to further increases.
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