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Based on the analysis of Veracyte's 15-minute chart, there are several key indicators that suggest a potential downward trend in the stock price. Firstly, the Moving Average Convergence Divergence (MACD) indicator has triggered a "Death Cross," which is a signal that the short-term moving average has crossed below the long-term moving average. This is a bearish indicator that suggests the stock price has the potential to continue falling. Furthermore, the Bollinger Bands indicator has narrowed at 10/31/2025 14:00, which indicates that the magnitude of stock price fluctuations is decreasing. This can be seen as a sign that the stock price is becoming more stable, but it can also be interpreted as a sign that the stock price is nearing a critical level and may experience a significant drop if the price continues to trend downward. Overall, these indicators suggest that Veracyte's stock price has the potential to continue falling, and investors should exercise caution when considering this stock. It is always recommended to conduct thorough research and analysis before making any investment decisions.
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