Paymentus Holdings's 15min Chart Triggers Bollinger Bands Narrowing, Bearish Marubozu Pattern

Paymentus Holdings's 15-minute chart has exhibited Bollinger Bands Narrowing and a Bearish Marubozu at 06/13/2025 14:30, indicating a decrease in the magnitude of stock price fluctuations. This suggests that sellers are currently in control of the market and that bearish momentum is likely to persist.

Paymentus Holdings, Inc. (PAY) saw its shares rise sharply in today's pre-market trading session, with a notable 18.3% increase to $19.34, following the release of better-than-expected fourth-quarter financial results. The company reported earnings of 11 cents per share, surpassing the analyst consensus estimate of 7 cents per share. Additionally, quarterly sales reached $164.8 million, which also exceeded the analyst estimate of $157.416 million [1].

The stock's performance was driven by the company's strong financials, which indicated robust growth and a positive outlook. This positive momentum was further underscored by the narrowing of Bollinger Bands and the appearance of a Bearish Marubozu candle on its 15-minute chart at 06/13/2025 14:30. These technical indicators suggest a decrease in price fluctuations and an increased likelihood of bearish momentum [2].

Other notable stocks that moved in pre-market trading included Zhongchao Inc. (ZCMD), Momentus Inc. (MMNTS), and Phunware, Inc. (PHUN). Zhongchao shares gained 79.8% to $5.70 following a 1-for-10 share consolidation. Momentus Inc. saw a 46.2% increase to $1.14 after securing a contract from NASA. Phunware shares rose 30.2% to $16.16 amid volatility in Trump-related stocks and a Supreme Court ruling [1].

References:
[1] https://www.tradingview.com/news/benzinga:e1651ca97094b:0-why-paymentus-shares-are-trading-higher-by-around-18-here-are-20-stocks-moving-premarket/
[2] https://www.tradingview.com/news/benzinga:e1651ca97094b:0-why-paymentus-shares-are-trading-higher-by-around-18-here-are-20-stocks-moving-premarket/