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According to nVent Electric's 15-minute chart, there have been recent indicators of market volatility. The Relative Strength Index (RSI) has reached an overbought level, suggesting that the stock price has risen too quickly and is now unsupported by fundamental values. Additionally, the KDJ Death Cross has been triggered, which indicates a shift in momentum towards a downward trend, with the potential for further price decreases. These indicators suggest that caution should be exercised when investing in nVent Electric at this time.
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