Bollinger Bands Narrowing, Bearish Marubozu: Old Point Financial's 15min Chart Alert

Based on the 15-minute chart of Old Point Financial, the Bollinger Bands have narrowed and a bearish Marubozu pattern has emerged as of August 29, 2025, at 14:00. This suggests that the magnitude of price fluctuations has decreased, indicating a dominant selling trend and a strong likelihood of continued bearish momentum.

Based on the 15-minute chart of Old Point Financial, the Bollinger Bands have narrowed and a bearish Marubozu pattern has emerged as of August 29, 2025, at 14:00. This suggests that the magnitude of price fluctuations has decreased, indicating a dominant selling trend and a strong likelihood of continued bearish momentum. The narrowing of Bollinger Bands often signals a period of consolidation or a change in market sentiment, where the price range between the upper and lower bands is shrinking. The appearance of a bearish Marubozu candlestick pattern further reinforces this bearish trend, as it signifies that the stock price has been consistently declining, with no wicks (shadows) indicating a strong selling pressure. Investors should be cautious and closely monitor the stock for potential further declines.

[1] https://www.ainvest.com/news/icon-15min-chart-shows-macd-death-cross-bearish-marubozu-pattern-2508/