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Based on the 15-minute chart provided by NXG NextGen, there are several indicators that suggest a potential shift in the stock's momentum. Specifically, the RSI (Relative Strength Index) has reached an overbought level, indicating that the stock's price has risen too quickly and is now unsupported by fundamental factors. Additionally, the KDJ (KDJ indicator) has triggered a death cross, which is a bearish signal that suggests a shift in momentum from positive to negative. As a result, there is a high likelihood that the stock price will continue to decline in the coming days.
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