Brainsway's 15min chart shows Bollinger Bands Narrowing, Bearish Marubozu Signal

Based on the 15-minute chart of Brainsway, there has been a notable convergence of the Bollinger Bands, accompanied by a Bearish Marubozu candlestick pattern on February 6th at 11:30. This technical indicator suggests that the magnitude of price fluctuations is diminishing, while the sellers are in control of the market. Consequently, it is likely that bearish momentum will persist in the near term.