Karat Packaging's 15min chart signals bearish sentiment with Bollinger Bands.

Karat Packaging's 15-minute chart has recently exhibited characteristics indicative of a downward trend, as evidenced by the expansion of Bollinger Bands and the formation of a bearish Marubozu candlestick pattern on December 4, 2023, at 11:45. This suggests that the market trend is currently being driven by selling pressure, with sellers exerting control over the market. Furthermore, the persistence of this bearish momentum is likely to continue.