Columbia Sportswear's 15min chart shows Bollinger Bands expanding downward, bearish marubozu.

Based on the 15-minute chart of Columbia Sportswear, the Bollinger Bands have expanded downward, indicating a bearish Marubozu formation on February 5, 2026, at 11:15. This suggests that the market is currently being driven by selling pressure, and sellers are in control of the market. Consequently, there is a high likelihood that the bearish momentum will continue.