American States Water's 15min Chart Suggests Bearish Trend with Bollinger Bands Expanding Downward

Based on the 15-minute chart for American States Water, the Bollinger Bands are currently expanding downward and the market has exhibited a bearish Marubozu formation as of February 6, 2026 at 14:15. This suggests that the market trend is being dominated by sellers, who are in control of the market, and indicates a high likelihood of continued bearish momentum.