Red Cat Holdings: MACD Death Cross, Bollinger Bands Narrowing on 15min Chart

According to the 15-minute chart for Red Cat Holdings, there has been a notable development in the technical indicators. Specifically, the Moving Average Convergence Divergence (MACD) indicator has crossed below the signal line, indicating a potential downward trend in the stock price. Additionally, the Bollinger Bands have narrowed, which suggests that the magnitude of price fluctuations is decreasing. Taken together, these indicators suggest that the stock price may continue to decline.