Green Dot's 15min chart displays Bollinger Bands Narrowing, Bearish Marubozu signal.

In the 15-minute chart of Green Dot, the Bollinger Bands have narrowed, and a bearish Marubozu pattern was observed on October 3, 2025, at 12:15. This indicates a decrease in the magnitude of stock price fluctuations, with sellers dominating the market, and a continuation of bearish momentum is likely.

Green Dot Corporation (NYSE: GDOT), an established fintech and payments player, has been under a strategic review since March 2025. The company's stock has shown significant fluctuations, with recent technical indicators suggesting a narrowing of Bollinger Bands and a bearish Marubozu pattern on October 3, 2025, at 12:15 Green Dot: Green Bars Incoming After 7 Months' Strategic Review?^[1]. This indicates a decrease in the magnitude of stock price fluctuations, with sellers dominating the market, and a continuation of bearish momentum is likely.

Green Dot has been performing well financially, with revenue guidance raised twice consecutively to $2-$2.1 billion and adjusted EBITDA to $165 million. This represents a 25% top-line growth and flat EBITDA growth compared to 2024. The company has also secured several high-profile partnerships, including Stripe, Workday, Crypto.com, Samsung, Credit Sesame, Marqeta, and extended its partnership with Walmart until 2033. Apple, a major banking-as-a-service partner, accounts for about 50% of Green Dot's B2B services revenue Green Dot: Green Bars Incoming After 7 Months' Strategic Review?^[1].

The company has recently effected a reduction in force, saving $6-$7 million annually, and is set to exit China entirely by year-end. This move is strategic, as it avoids potential regulatory concerns in China. The interim CEO, Bill Jacobs, is incentivized to complete a corporate transaction, potentially leading to a sale of the company. The company filed an S-3 on August 11 for $100 million, which became effective on August 19. The purpose of this filing is unclear, but it could be for a potential share exchange or all-cash deal Green Dot: Green Bars Incoming After 7 Months' Strategic Review?^[1].

Green Dot's bank charter, with $4 billion in customer deposits, is a strategic asset in the stablecoin space. The GENIUS Act passed in July 2025 allows for stablecoin issuers to apply for bank charters or other designations. This vertical integration and regulatory coverage make Green Dot a valuable asset for potential acquirers Green Dot: Green Bars Incoming After 7 Months' Strategic Review?^[1].

Given the low valuation multiples and strategic review process, discerning investors may find Green Dot an attractive investment opportunity. The stock has been basing above its 20, 50, and 200-day moving averages while also basing just below the declining 200-period moving average on the weekly time frame. However, the recent bearish Marubozu pattern suggests a continuation of bearish momentum Green Dot: Green Bars Incoming After 7 Months' Strategic Review?^[1].