Byline Bancorp's 15min chart shows Bollinger Bands expanding downward, bearish Marubozu

Based on the 15-minute chart of Byline Bancorp, the Bollinger Bands are currently expanding downward, which is indicative of a bearish market trend. Furthermore, the presence of a bearish Marubozu candlestick pattern at 08/28/2025 14:15 suggests that sellers are dominating the market and are likely to continue driving the trend downward. Overall, this indicates that the market is in a state of bearish momentum.

In the afternoon session of July 2, 2025, several regional bank stocks experienced significant price increases following Fed Chair Jerome Powell's dovish remarks at the Jackson Hole symposium [1]. Powell suggested that with moderating inflation risks and low unemployment, the Federal Reserve might consider a shift in monetary policy, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth, bolstering investor confidence.

Among the regional banks affected, Citizens Financial Group (CFG) jumped 4.5%, Byline Bancorp (BY) rose 4.8%, Brookline Bancorp (BRKL) surged 5.1%, Berkshire Hills Bancorp (BHLB) climbed 4.8%, and Bank OZK (OZK) gained 4.7% [1]. These gains were driven by the prospect of lower borrowing costs, which can benefit these institutions by potentially increasing profitability.

Brookline Bancorp (BRKL), for instance, has seen its shares move significantly only four times in the last year, with today's 5.1% increase indicating a meaningful market response [1]. The stock's recent history includes a 3% drop on July 17, 2025, due to weak jobs data and new tariffs, which fueled fears of an economic slowdown and an impending interest rate cut [1]. Despite this volatility, Brookline Bancorp is currently trading 13.2% below its 52-week high, reflecting a cautious investor sentiment [1].

Analyzing the 15-minute chart of Byline Bancorp (BY), the Bollinger Bands are currently expanding downward, suggesting a bearish market trend. Additionally, the presence of a bearish Marubozu candlestick pattern at 08/28/2025 14:15 indicates that sellers are dominating the market, likely continuing the downward trend [2]. This analysis suggests that Byline Bancorp and other regional banks may face further downward pressure in the near term.

References:
[1] https://www.tradingview.com/news/stockstory:6e422fcde094b:0-citizens-financial-group-byline-bancorp-brookline-bancorp-berkshire-hills-bancorp-and-bank-ozk-stocks-trade-up-what-you-need-to-know/
[2] Stock StoryUS stocks