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Based on the 15-minute chart of Peoples Bancorp of North Carolina, the Moving Average Convergence Divergence (MACD) indicator has crossed below the signal line, indicating a potential downtrend in the stock price. Additionally, the Relative Strength Index (RSI) has reached an overbought level of 70, suggesting that the stock price has risen too quickly and is unsupported by its underlying fundamentals. This combination of indicators suggests that the stock price may continue to decline.
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