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According to the 15-minute chart of Unity Bancorp, a technical analysis has identified a "MACD Death Cross," a "KDJ Death Cross," and a "Bearish Marubozu" pattern on December 4, 2023 at 1:15 PM. This suggests that the stock's price has the potential to continue declining, with a shift in momentum towards the downside and a likelihood of further decreases. Sellers currently control the market, and the bearish momentum is expected to persist.
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