MEI Pharma's 15-minute chart shows Bollinger Bands expanding downward, bearish Marubozu.

Tuesday, Aug 5, 2025 1:01 pm ET1min read

MEI Pharma's 15-minute chart has exhibited a downward trend, as evidenced by the expansion of Bollinger Bands and a bearish Marubozu pattern observed on August 5th at 12:45. This indicates that sellers are currently driving the market, exerting control over the trend, and that bearish momentum is likely to persist.

MEI Pharma's 15-minute chart has exhibited a downward trend, as evidenced by the expansion of Bollinger Bands and a bearish Marubozu pattern observed on August 5th at 12:45. This indicates that sellers are currently driving the market, exerting control over the trend, and that bearish momentum is likely to persist [1].

The Bollinger Bands Narrowing indicator suggests a decrease in stock price volatility, signaling a period of consolidation before a potential breakout in either direction. The Bearish Marubozu pattern, characterized by a large body candle with no wicks, further reinforces the bearish signal, suggesting that sellers are in control [1].

This development follows a broader trend of narrowing Bollinger Bands and bearish Marubozu patterns observed in several other stocks, including ASGN and Cushing NextGen [2, 3]. While these technical indicators provide valuable insights into potential stock price movements, it is crucial for investors to consider these signals in conjunction with fundamental analysis and broader market conditions.

In addition to the technical indicators, several analyst ratings and price targets have been updated recently, providing valuable insights into the potential performance of various stocks. As of July 7, 2025, several notable companies have seen updates to their analyst ratings and price targets, reflecting the evolving opinions of financial experts [1].

References:
[1] https://www.ainvest.com/news/national-research-15min-chart-shows-bollinger-bands-narrowing-bearish-marubozu-pattern-2508-
[2] https://www.ainvest.com/news/bollinger-bands-narrowing-bearish-marubozu-signal-negative-trend-2508/
[3] https://www.ainvest.com/news/kyndryl-holdings-15min-chart-shows-bollinger-bands-narrowing-bearish-marubozu-2508/

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