Red River Bancshares: Bollinger Bands Narrowing, Bearish Marubozu on 15min Chart

Based on Red River Bancshares' 15-minute chart, a narrowing of Bollinger Bands coupled with a bearish Marubozu pattern observed at 02/06/2023 13:15 indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers are dominating the market and that bearish momentum is likely to persist.