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According to the 15-minute chart for Stock Yards Bancorp, a technical indicator known as the MACD Death Cross was triggered on December 5, 2022, at 3:15 PM. This bearish signal is supported by a Marubozu candlestick pattern, indicating a lack of buying interest and a strong bearish momentum. As a result, there is a high probability that the stock price will continue to decline, with sellers dominating the market.
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