Mid Penn Bancorp's 15min chart: Bollinger Bands expanding downward, bearish Marubozu signal

According to the 15-minute chart for Mid Penn Bancorp, the Bollinger Bands have recently expanded downward, indicating a bearish trend driven by sellers. Furthermore, the presence of a bearish Marubozu candle at 08/14/2025 12:30 suggests that sellers currently have control of the market, and it is likely that bearish momentum will continue.

Mid Penn Bancorp (NASDAQ: MPB) has recently shown significant technical indicators that suggest a bearish trend. On August 14, 2025, at 12:30, the company's 15-minute chart exhibited a downward expansion of Bollinger Bands and a Bearish Marubozu pattern. These technical indicators point to a shift in momentum towards a downward trend, with potential for further price decreases.

The Bollinger Bands, a volatility indicator, expanded downward, suggesting that the stock price is experiencing increased volatility and is being driven by sellers. The Bearish Marubozu, characterized by a single candle without shadows, further supports this bearish sentiment by indicating strong selling pressure. These patterns have historically been associated with a continuation of the downtrend [1].

Despite Mid Penn Bancorp reporting positive earnings for the second quarter of 2025, the technical indicators suggest a bearish outlook for the stock. The company reported net income available to common shareholders of $4.8 million, or $0.22 per diluted common share, compared to $11.8 million, or $0.71 per diluted common share, for the second quarter of 2024. The earnings were influenced by the completion of the William Penn Bancorporation acquisition and the acquisition of the insurance business from Charis Insurance Group [2].

Mid Penn Bancorp's recent financial performance has been characterized by decelerating momentum and inferior profitability when compared to other Financials stocks. The company has a 3M Price Performance of -6.63% while the Financials sector median is 3.57%. Additionally, the company has a Return on Total Assets (TTM) of 0.69% compared to the Financials sector median of 1.13% [3]. These factors have led to a Sell rating from a quantitative rating system, indicating a high risk of poor future stock performance. Investors should closely monitor Mid Penn Bancorp's future earnings reports and market conditions to assess the potential impact on the stock price.

References:
[1] https://www.ainvest.com/news/mid-penn-bancorp-15min-chart-shows-bearish-signs-expanding-downward-bollinger-bands-2508/
[2] https://www.ainvest.com/news/bollinger-bands-expand-downward-bearish-marubozu-top-win-15min-chart-2508-85/
[3] https://seekingalpha.com/warnings/4479900-warning-mpb-is-at-high-risk-of-performing-badly