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According to the 15-minute chart of RLI, a technical indicator analysis has revealed a potential downtrend in the stock price. Specifically, the Moving Average Convergence Divergence (MACD) has crossed below its signal line, a phenomenon known as a "death cross," indicating that the stock price has the potential to continue falling. Additionally, the Bollinger Bands have narrowed, suggesting a decrease in the magnitude of stock price fluctuations. Furthermore, the Kinetick Directional Indicator (KDJ) has also crossed below its signal line, which is a "death cross," indicating a shift in the momentum of the stock price towards the downside and a potential decrease in the stock price.
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