Bollinger Bands Narrowing and Bearish Marubozu Signal on Stepan's 15min Chart

According to the 15-minute chart, the recent price action has triggered a narrowing of Bollinger Bands and a bearish Marubozu candlestick pattern on December 4, 2023 at 13:15. This indicates a decrease in the magnitude of price fluctuations and suggests that sellers are currently in control of the market. Furthermore, the bearish momentum is likely to persist.