BayFirst Financial's 15min chart shows Bollinger Bands narrowing, bearish Marubozu pattern.

According to the 15-minute chart for BayFirst Financial, the Bollinger Bands Narrowing and Bearish Marubozu indicators triggered at 08/14/2025 15:00, suggesting a decrease in the magnitude of stock price fluctuations and control of the market by sellers. This bearish momentum is likely to continue.

BayFirst Financial (NASDAQ: BAFN) experienced a significant market shift on August 14, 2025, at 15:00, as the 15-minute chart triggered warning signals. The Bollinger Bands narrowed significantly, indicating a decrease in the magnitude of stock price fluctuations, while the Bearish Marubozu indicator further suggested that sellers are controlling the market. These developments suggest a bearish momentum that is likely to persist.

The narrowing of the Bollinger Bands signals that the stock price volatility has decreased, which can often be an early indication of a trend reversal. The Bearish Marubozu indicator, which appeared on the chart, further supports this bearish sentiment by showing that the closing price is significantly lower than the opening price, with no wicks, indicating strong selling pressure.

BayFirst Financial has been undergoing strategic changes in response to financial pressures. In August 2023, the company discontinued its Bolt SBA 7(a) loan program and reduced its workforce by 17%, resulting in $6 million in annual cost savings [1]. These actions were part of a broader restructuring effort aimed at repositioning the company for long-term growth. However, the recent indicators suggest that these changes may not be enough to stabilize the stock's downward trend.

The company is refocusing on its core community banking activities across its twelve Tampa Bay centers while strengthening its core SBA 7(a) offerings. The discontinuation of the Bolt SBA loan program and the decision to sell its loan balances and origination platform to third parties indicate financial distress and limited recovery potential [2].

Investors should exercise caution due to the bearish momentum indicated by the recent chart signals. The narrowing Bollinger Bands and Bearish Marubozu suggest that the stock price is likely to continue its downward trajectory. The company's strategic changes, while aimed at long-term growth, may not be sufficient to reverse the current bearish trend.

References:
[1] https://www.ainvest.com/news/bayfirst-financial-15min-chart-signals-rsi-overbought-narrowing-bollinger-bands-2508-48/
[2] https://www.stocktitan.net/news/BAFN/bay-first-discontinues-bolt-sba-7-a-loan-3pzl4uu7phjn.html