1st Source: MACD Death Cross and Bearish Marubozu Signal on 15-Minute Chart

Wednesday, Aug 13, 2025 11:49 am ET1min read

According to the 15-minute chart of 1st Source, a MACD Death Cross and a Bearish Marubozu were triggered on August 13, 2025 at 11:45. This indicates that the stock price has the potential to continue declining, with sellers dominating the market and a bearish momentum likely to persist.

According to the 15-minute chart of 1st Source Corporation (SRCE), a significant bearish trend has been observed on August 13, 2025, at 11:45. The chart exhibited a MACD Death Cross and a Bearish Marubozu pattern, indicating that the stock price may continue to decline. This technical analysis suggests that sellers are currently in control of the market, and bearish momentum is likely to persist.

The MACD Death Cross, a bearish signal, occurs when the MACD line crosses below the signal line. This pattern was observed in 1st Source's 15-minute chart, signaling a potential reversal in the stock's upward trend [1]. The Bearish Marubozu, characterized by a long white candle with no shadows, further reinforces the bearish signal, indicating that sellers are in control [2].

Additionally, the 15-minute chart of 1st Source shows a narrowing of Bollinger Bands, which measure volatility. This narrowing suggests a period of consolidation and a decrease in the magnitude of stock price fluctuations. This pattern is more commonly associated with a continuation of the current trend rather than a potential breakout in either direction [3].

Investors should closely monitor these developments as they may indicate a change in 1st Source's stock price trajectory. While the company's recent performance has been robust, these technical indicators suggest a potential slowdown or reversal in the near term. For a more comprehensive analysis, investors should consider the broader market context and other fundamental indicators.

References:
[1] https://www.ainvest.com/news/1st-source-15min-chart-shows-macd-death-cross-bearish-marubozu-pattern-2508/
[2] https://www.ainvest.com/news/alt5-sigma-15min-chart-macd-death-cross-bearish-marubozu-triggered-2508/
[3] https://www.ainvest.com/news/alt5-sigma-15min-chart-bollinger-bands-narrowing-bearish-marubozu-signal-2508/

Comments



Add a public comment...
No comments

No comments yet