Commercial Metals' 15min chart exhibits Bollinger Bands Narrowing, Bearish Marubozu pattern.

Commercial Metals' 15-minute chart has exhibited a narrowing of Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern at 08/06/2025 11:15. This suggests a decrease in the magnitude of stock price fluctuations, indicating that sellers are currently in control of the market. Consequently, bearish momentum is likely to persist.

In the financial markets, the 15-minute chart of TMC (The Metals Company Inc.) has recently exhibited a narrowing of Bollinger Bands, accompanied by a bearish Marubozu candlestick pattern at 08/06/2025 11:15. This combination of technical indicators suggests a decrease in the magnitude of stock price fluctuations, indicating that sellers are currently in control of the market. Consequently, bearish momentum is likely to persist.

The Bollinger Bands, which are calculated using standard deviation, have narrowed, indicating that the stock price is less volatile. The Marubozu candlestick pattern, characterized by a long body and no shadows, suggests that the price moved in a single direction with no resistance or support, further confirming the bearish sentiment. This pattern is often seen in a downtrend, where the market is dominated by sellers.

According to the latest technical analysis from Intellectia.ai, TMC has several negative signals and is within a falling trend. The stock ended at $5.185 on Tuesday, August 5, 2025, after losing -8.15%. The moving average trends also lean more bearish, with 2 negative signals and 2 positive signals, indicating a potential downward movement in the mid-term.

The short selling activity has also increased, with the short sale ratio rising to 31.85% as of August 4, 2025. This suggests that short sellers are anticipating further declines in the stock price.

Based on the provided data, TMC is expected to experience significant movement in the coming periods. The 1-day prediction estimates a price of $5.679, while the 1-week outlook suggests a value of $5.699. For the 1-month forecast, the price is projected to be $6.085. However, these predictions should be taken with caution, as the stock is currently in a downtrend.

In conclusion, the narrowing of Bollinger Bands and the bearish Marubozu candlestick pattern suggest that bearish momentum is likely to persist for TMC. Investors should be cautious and monitor the stock closely for any signs of a potential rebound.

References:
[1] https://intellectia.ai/stock/TMC/forecast