Nurix Therapeutics stock falls as Bollinger Bands expand downward, bearish Marubozu seen.

According to Nurix Therapeutics's 15-minute chart, the Bollinger Bands are expanding downward, indicating a bearish trend driven by selling pressure. The presence of a Bearish Marubozu at 12:45 PM on August 25, 2025 reinforces this notion, suggesting that the market is currently under the control of sellers and that bearish momentum is likely to persist.

According to Nurix Therapeutics' 15-minute chart, the Bollinger Bands are expanding downward, indicating a bearish trend driven by selling pressure. This is a significant signal for investors, as Bollinger Bands measure volatility by calculating the standard deviation from the moving average. A downward expansion suggests increased volatility and a higher probability of price decline.

On August 22, 2025, at 13:45, the chart exhibited a narrowing of the Bollinger Bands and a bearish Marubozu pattern [1]. A Marubozu is a candlestick pattern characterized by a long body with no upper or lower wicks, indicating strong price action in a single direction. In this case, the bearish Marubozu at 12:45 PM on August 25, 2025, reinforces the bearish trend, suggesting that the market is currently under the control of sellers and that bearish momentum is likely to persist.

These indicators suggest that Nurix Therapeutics' stock price may continue to decline in the short term. Investors should closely monitor the company's financial performance and market conditions to make informed decisions. It is essential to note that while these technical indicators provide valuable insights, they should not be the sole basis for investment decisions.

References:
[1] https://www.ainvest.com/news/nurix-therapeutics-bollinger-bands-narrowing-bearish-marubozu-15-minute-chart-2508/