Energy Services 15min chart Bollinger Bands Narrowing, Bearish Marubozu Triggered

Tuesday, Oct 21, 2025 2:19 pm ET1min read

According to the 15-minute chart of Energy Services, the Bollinger Bands have narrowed and a bearish Marubozu pattern has emerged at 10/21/2025 14:15. This suggests a decrease in the magnitude of stock price fluctuations, indicating control by sellers and a likely continuation of bearish momentum.

Investors and financial professionals are keeping a close eye on Garrett Motion (NASDAQ: GTX) following a significant update from Stifel, which lowered the stock's price target to $17.00 from $17.50 while maintaining a Buy rating Stifel lowers Garrett Motion stock price target to $17 from $17.50[1]. The research firm cited Garrett Motion's potential to deliver differentiated growth from its Zero Emission portfolio, which aims to achieve $1 billion in revenue by 2030.

Stifel noted that Garrett Motion's legacy turbocharging business operates in well-structured markets likely to gain market share, offsetting declining addressable markets. The firm highlighted that the turbocharging segment is expected to produce strong free cash flow, funding the company's Zero Emission growth initiatives and supporting share repurchase programs.

Garrett Motion recently reported its Q2 2025 earnings, showcasing strong performance in gasoline turbocharger sales and advancements in electric vehicle technology. Despite challenges in the automotive market, the company maintained stable net sales at $913 million and demonstrated strong cash flow generation. The earnings report reflects Garrett Motion's ability to sustain financial health amidst market difficulties.

On the technical front, the 15-minute chart of Energy Services indicates a narrowing of Bollinger Bands and the emergence of a bearish Marubozu pattern at 10/21/2025 14:15. This suggests a decrease in the magnitude of stock price fluctuations, indicating control by sellers and a likely continuation of bearish momentum.

Investors and analysts will continue to monitor Garrett Motion's future performance in both traditional and electric vehicle markets.

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