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According to the 15-minute chart for Norwood Financial, the Relative Strength Index (RSI) has reached an overbought level, accompanied by a bearish Marubozu candlestick formation on December 4, 2022 at 13:15. This suggests that the stock price has risen too quickly and is no longer supported by fundamental analysis, leading to a shift in market control towards sellers. As a result, it is likely that the bearish momentum will continue in the near term.
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