Telephone And Data Systems: MACD Death Cross and Narrowing Bollinger Bands Triggered

According to the 15-minute chart for Telephone And Data Systems, the Moving Average Convergence Divergence (MACD) indicator has triggered a death cross, which is a bearish signal that suggests the stock price has the potential to continue falling. Furthermore, the Bollinger Bands, which measure the volatility of the stock price, are narrowing, indicating a decrease in the magnitude of stock price fluctuations. As a result, the stock price may experience further downward pressure in the near term.