Pelican's 15min chart shows Bollinger Bands Narrowing, Bearish Marubozu Pattern.

Pelican's 15-minute chart has recently exhibited Bollinger Bands Narrowing and a Bearish Marubozu pattern on March 24, 2026 at 14:15. This indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers have gained control of the market. Furthermore, this pattern is a strong indicator of bearish momentum, suggesting that the downward trend is likely to continue.