SEALSQ's 15min chart shows MACD Death Cross, Bollinger Bands expanding downward.

According to the 15-minute chart for SEALSQ, there are indications of a bearish trend. Specifically, the MACD has crossed below the signal line, a phenomenon known as a "death cross," which typically signifies a downtrend. Additionally, the Bollinger Bands have expanded downward, indicating increased volatility and a potential for further price declines. Overall, the market trend is being driven by selling pressure, suggesting that the stock price may continue to fall.