CNB Financial: Bollinger Bands Narrowing, Bearish Marubozu on 15min chart

Based on the 15-minute chart of CNB Financial, a narrowing of Bollinger Bands and a bearish Marubozu pattern observed on February 4, 2023 at 14:30 indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers are currently in control of the market. Furthermore, this development suggests that bearish momentum is likely to persist.