CandleStick count of 21 day inside a pair of diverging Bollinger Bands.

The price trend is below the 7-day simple moving averages (SMA).

Williams%R stock indicator 3 to 4-day trend is down and is well below the oversold line indicator.

Williams Accumulation/Distribution 3 to 4-day trend is down.

MACD trend is down and is below the MACD signal.   the MACD is also below the zero level.

On-Balance Volume 3to4-day trend is down.  Momentum 3to4-day trend indicator is down.

Exit the PUT position only if price reverses at a rate of 1% per hour on higher volume.