Mid Penn Bancorp's 15min chart: Bollinger Bands expanding downward, bearish Marubozu signal

Mid Penn Bancorp's 15-minute chart has recently exhibited a pattern of Bollinger Bands expanding downward, accompanied by a bearish Marubozu at 08/14/2025 12:45. This indicates that the market trend is presently being influenced by sellers, who dominate market activity, and suggests that bearish momentum is likely to persist.

Mid Penn Bancorp (NASDAQ: MPB) has recently shown significant technical indicators that suggest a bearish trend. On August 14, 2025, at 12:45, the company's 15-minute chart exhibited a pattern of Bollinger Bands expanding downward, accompanied by a bearish Marubozu candlestick. These technical indicators point to a shift in momentum towards a downward trend, with potential for further price decreases [1].

The KDJ Death Cross and the bearish Marubozu pattern are particularly notable. The KDJ Death Cross, a technical indicator used to predict reversals in price trends, signals a shift in the stock's momentum towards the downside. The bearish Marubozu, characterized by a single candle without shadows, further supports this bearish sentiment by indicating strong selling pressure. These patterns have historically been associated with a continuation of the downtrend [1].

Mid Penn Bancorp reported positive earnings for the second quarter of 2025, with net income available to common shareholders of $4.8 million, or $0.22 per diluted common share, compared to $11.8 million, or $0.71 per diluted common share, for the second quarter of 2024. The earnings were influenced by the completion of the William Penn Bancorporation acquisition and the acquisition of the insurance business from Charis Insurance Group [2].

Despite these positive earnings, the technical indicators suggest a bearish outlook for the stock. Mid Penn Bancorp's recent financial performance has been characterized by decelerating momentum and inferior profitability when compared to other Financials stocks. The company has a 3M Price Performance of -6.63% while the Financials sector median is 3.57%. Additionally, the company has a Return on Total Assets (TTM) of 0.69% compared to the Financials sector median of 1.13% [3].

Investors should closely monitor Mid Penn Bancorp's future earnings. The company's shares are up 2.4% from a week ago, but the technical indicators and recent financial performance suggest a cautious approach. Mid Penn Bancorp's stock is currently trading at a price of $4.76 million, down from $11.8 million in the second quarter of 2024 [2].

References
[1] https://www.ainvest.com/news/mid-penn-bancorp-kdj-death-cross-bearish-marubozu-15min-chart-2508/
[2] https://finance.yahoo.com/news/mid-penn-bancorp-second-quarter-102112240.html
[3] https://seekingalpha.com/warnings/4479900-warning-mpb-is-at-high-risk-of-performing-badly