Torm's 15min chart sees MACD Death Cross, Bollinger Bands Narrowing

Based on the 15-minute chart for Torm, there are two notable technical indicators that have triggered recent events. Firstly, the Moving Average Convergence Divergence (MACD) indicator has formed a "death cross," which is a bearish signal that suggests the stock price is likely to continue falling. Secondly, the Bollinger Bands, which measure the volatility of the stock price, have recently narrowed. This narrowing of the Bollinger Bands suggests that the magnitude of stock price fluctuations is decreasing, which could indicate a potential continuation of the downward trend in the stock price.