Civeo's 15-Min Chart Shows RSI Oversold and Bullish Marubozu Patterns.

Based on the 15-minute chart of Civeo, recent technical indicators suggest an oversold condition according to the Relative Strength Index (RSI). Furthermore, the emergence of a bullish Marubozu candlestick pattern at 12:30 on February 2, 2025, suggests a rapid decline in the stock price, potentially below its fundamental support level. This indicates that buyers are currently dominating the market, and there is a high likelihood of sustained bullish momentum.