Shoe Carnival's 15min chart shows MACD Death Cross, Bearish Marubozu signal.

Thursday, Jan 29, 2026 12:55 pm ET1min read
SCVL--

Based on the 15-minute chart of Shoe Carnival, a significant technical indicator has been triggered, namely the MACD Death Cross, which occurred on January 29, 2026 at 12:45. This bearish signal is reinforced by the presence of a Bearish Marubozu candlestick pattern, indicating a strong downtrend and a high likelihood of continued selling pressure. As a result, the stock price has the potential to continue declining, with sellers dominating the market and bearish momentum likely to persist.

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet