The First Bancorp's 15min chart triggers BB Expanding Upward, Bullish Marubozu.

The 15-minute chart for The First Bancorp has triggered an upward expansion of Bollinger Bands and a bullish Marubozu pattern at 09:30 on 03/09/2025. This indicates that the market trend is currently driven by strong buying activity, suggesting that buyers are in control of the market and that bullish momentum is likely to persist.

The 15-minute chart for The First Bancorp (NYSE: FBP) has exhibited an upward expansion of Bollinger Bands, accompanied by a bullish Marubozu candle at 09:30 on 03/09/2025. This pattern suggests a strong buying pressure in the market, with buyers dominating and likely to continue driving the upward trend [1].

The Bollinger Bands, which consist of a simple moving average and two standard deviations above and below it, have expanded significantly. This expansion indicates an increase in volatility, suggesting that the stock price movements are becoming more unpredictable and prone to sudden swings. The appearance of a bullish Marubozu candle further reinforces this bullish sentiment. A Marubozu candlestick, characterized by a long body without any upper or lower wicks, indicates strong buying or selling pressure with no reversal [1].

First Bancorp's CEO, Aurelio Aleman, recently sold $1,115,000 worth of stock, reducing his ownership by 4.51% to approximately 1,059,547 shares [2]. This sale, disclosed in a document filed with the Securities & Exchange Commission, could be seen as a signal of potential concern from the company's top executive. However, it is essential to consider other factors affecting BancFirst's financial performance.

The company has declared a quarterly dividend of $0.18 per share, which translates to an annualized dividend yield of 3.3% [2]. Additionally, First Bancorp reported $0.50 EPS for the quarter, beating the consensus estimate of $0.47 by $0.03 [2]. Despite these positive earnings, the upward expansion of Bollinger Bands and the bullish Marubozu candle suggest a potential increase in the stock price.

Investors and financial professionals should be mindful of these technical indicators and the company's recent financial performance. While the earnings report indicates a positive quarter, the upward expansion of Bollinger Bands and the bullish Marubozu candle suggest a potential increase in stock price. It is essential to monitor First Bancorp's upcoming earnings reports and strategic initiatives to gauge the impact on the stock price.

References:
[1] https://www.ainvest.com/news/bancfirst-15min-chart-shows-bollinger-bands-expanding-upward-bullish-marubozu-forming-2509/
[2] https://www.marketbeat.com/instant-alerts/first-bancorp-nysefbp-ceo-sells-111500000-in-stock-2025-08-26/