Greene County Bancorp's 15min chart triggers Bollinger Bands Narrowing, Bearish Marubozu.

Wednesday, Aug 13, 2025 1:18 pm ET1min read

Greene County Bancorp's 15-minute chart has exhibited a narrowing of Bollinger Bands and a bearish Marubozu pattern at 13:15 on August 13, 2025. This suggests a decrease in the magnitude of stock price fluctuations, indicating that sellers are currently in control of the market. Furthermore, this bearish momentum is likely to persist.

Greene County Bancorp's 15-minute chart has exhibited a narrowing of Bollinger Bands and a bearish Marubozu pattern at 13:15 on August 13, 2025. This combination of technical indicators suggests a significant shift in momentum towards the downside, signaling potential further decline in the stock price. The Bollinger Bands' narrowing indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers are currently in control of the market. The bearish Marubozu pattern, characterized by a long body with no upper or lower shadows, further emphasizes strong selling pressure [1].

This development comes amidst a broader market trend where select shares across the market are currently trading in an overbought zone following a sharp rally from the April-month lows. Stocks such as Telix and SABESP have shown similar bearish technical indicators on their 15-minute charts, signaling potential further declines in stock prices [2]. Investors are advised to exercise caution and diligent risk management in the face of these bearish indicators.

The market's current state of paralysis, awaiting the quarterly results of ICICI Bank, HDFC Bank, and Reliance Industries, scheduled for release this weekend, may further exacerbate volatility [3]. The release of these results could provide additional clarity on the market's direction, potentially influencing investor sentiment and stock prices.

References:
[1] https://www.ainvest.com/news/greene-county-bancorp-15min-chart-triggered-bollinger-bands-narrowing-bearish-marubozu-2508/
[2] https://www.ainvest.com/news/eagle-financial-15min-chart-triggers-bearish-kdj-death-cross-marubozu-signal-2507/
[3] https://brameshtechanalysis.com/2025/07/16/nifty-in-the-eye-of-the-storm-a-market-paralyzed-before-the-weekend-juggernauts/

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