News Details

Hillenbrand 15-Min Chart Shows MACD Death Cross, Bearish Bollinger Expansion

AinvestWednesday, Jun 26, 2024 11:37 am ET

1min read

On the 15-minute chart for Hillenbrand, a bearish MACD crossover was observed, commonly referred to as a "Death Cross," coupled with a downward expansion of the Bollinger Bands as of 11:30 AM on June 26, 2024. This technical pattern suggests that the stock's price may be poised for further decline, indicating a market trend dominated by selling pressure.

Comments

Post

Refresh

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.

You Can Understand News Better with AI.

Whats the News impact on stock market?

Its impact is

AInvest

Aime Coplilot

Invest Smarter With AI Power.

Open App