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According to Workiva's 15-minute chart, several technical indicators have triggered warning signs. Specifically, the Moving Average Convergence Divergence (MACD) has crossed over, signaling a potential downtrend. Additionally, the Bollinger Bands are narrowing, indicating a decrease in volatility. Furthermore, a Bearish Marubozu candlestick pattern has emerged, which is a strong indication of a bearish trend. These indicators suggest that the stock price is likely to continue falling, with a decreasing magnitude of fluctuations. Sellers appear to be in control of the market, and the bearish momentum is expected to persist.
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