Carriage Services' 15min chart shows Bollinger Bands expanding downward, bearish marubozu pattern.

Carriage Services' 15-minute chart has triggered a bearish trend, indicated by the Bollinger Bands expanding downward and a bearish Marubozu pattern on August 20, 2025 at 13:30. This suggests that the market trend is currently being driven by sellers, with bearish momentum likely to persist.

Carriage Services' 15-minute chart has recently exhibited a significant bearish trend, as indicated by the expansion of Bollinger Bands downward and the appearance of a bearish Marubozu pattern on August 20, 2025, at 13:30. These technical indicators suggest that the market is currently being driven by sellers, with bearish momentum likely to persist in the near term.

The Bollinger Bands, which measure volatility by plotting two standard deviations above and below a moving average, have narrowed, indicating a contraction in price volatility. This narrowing can often be a precursor to a trend reversal or continuation. The bearish Marubozu pattern, characterized by a candle with no wicks, suggests strong selling pressure with no significant price fluctuations. This pattern indicates that the stock price moved in a single direction without any reversals during the trading session [1].

Despite these bearish technical indicators, Carriage Services' management remains optimistic about the company's growth prospects. CEO Carlos R. Quezada expressed confidence in continuing organic volume growth at a rate of 50 to 100 basis points for the remainder of 2025. The company is also under contract to acquire new businesses, which are expected to add more than $15 million in annual revenue [2].

Investors are advised to exercise caution following these technical indicator signals. These indicators provide valuable insights but should be used in conjunction with other forms of analysis, including fundamental analysis and broader market conditions.

References:
[1] https://www.ainvest.com/news/carriage-services-15-min-chart-triggered-bollinger-bands-narrowing-bearish-marubozu-2508/
[2] https://seekingalpha.com/news/4481681-carriage-services-outlines-410m-420m-2025-revenue-target-as-company-accelerates-acquisitions