Riley Exploration's 15min chart sees MACD Death Cross, bearish Marubozu signal.

According to the 15-minute chart of Riley Exploration, the MACD indicator has recently triggered a "Death Cross," a bearish signal that suggests the stock price is poised to decline further. Furthermore, a "Bearish Marubozu" candlestick pattern was observed at 10:45 AM on October 27, 2022, indicating a lack of buying interest and a dominant bearish trend. As a result, the market is likely to be controlled by sellers, and the bearish momentum is expected to persist.