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Based on the 15-minute chart of National Bank, the MACD indicator has crossed below its signal line, a phenomenon known as a MACD Death Cross, while the KDJ indicator has also crossed below its signal line, a KDJ Death Cross. Furthermore, the candlestick pattern known as a Bearish Marubozu was observed at 12:30 PM on December 4, 2022. These indicators suggest that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may further decrease. Sellers are currently in control of the market, and the bearish momentum is likely to persist.
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