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Based on the 15-minute chart for Surmodics, the Moving Average Convergence Divergence (MACD) indicator has crossed below its signal line, indicating a bearish trend. Additionally, the KDJ indicator has also crossed below its signal line, further reinforcing the bearish sentiment. Furthermore, the formation of a bearish marubozu candlestick pattern on the chart at 10:30 on 03/10/2025 suggests a strong downward movement in the stock price. These technical indicators collectively point to a potential continuation of the downward trend, with the momentum shifting towards the downside. Sellers are currently in control of the market, and there is a high likelihood of further decreases in the stock price.
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