Gorman-Rupp's 15-minute chart triggers Bollinger Bands Expanding Downward, bearish Marubozu formation.
ByAinvest
Tuesday, Feb 3, 2026 3:32 pm ET1min read
GRC--
Based on the 15-minute chart for Gorman-Rupp, the Bollinger Bands are expanding downward, indicating a bearish Marubozu formation on February 3, 2023 at 15:30. This suggests that market momentum is being driven by selling pressure, with sellers exerting control over the market. As a result, it is likely that bearish momentum will continue.
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