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Peapack-Gladstone Financial: Bollinger Bands Narrowing, Bearish Marubozu on 15-minute chart.
ByAinvest
Wednesday, Aug 13, 2025 2:04 pm ET1min read
The 15-minute chart of Peapack-Gladstone Financial has recently exhibited a narrowing of Bollinger Bands and a bearish Marubozu pattern, indicating a decrease in the magnitude of stock price fluctuations, a dominance of seller activity in the market, and a continued bearish momentum.
Peapack-Gladstone Financial's 15-minute chart recently exhibited a significant narrowing of Bollinger Bands and a bearish Marubozu pattern, indicating a decrease in the magnitude of stock price fluctuations. These technical indicators suggest a dominance of seller activity in the market and a continued bearish momentum.The Bollinger Bands, which measure volatility, have narrowed significantly, indicating that the stock price is trading within a smaller range and suggesting less volatility and a decrease in price fluctuations [1]. The presence of a Bearish Marubozu candle further supports this interpretation. A Marubozu candle, characterized by no wicks and a single candle body, indicates that sellers controlled the market from the opening to the closing price, with no price movement outside of the candle's body [2].
These indicators suggest that Peapack-Gladstone Financial's stock price is likely to continue its downward trend. The narrowing of the Bollinger Bands and the Bearish Marubozu candle signal a decrease in buying pressure and an increase in selling pressure. Investors should closely monitor the stock's performance and be prepared for potential downward movements.
In summary, the narrowing of Bollinger Bands and the appearance of a Bearish Marubozu candle on Peapack-Gladstone Financial's 15-minute chart indicate a decrease in stock price volatility and a shift in control to sellers. This signals a likely continuation of bearish momentum, with buyers dominating the market.
References:
[1] https://www.ainvest.com/news/bollinger-bands-narrowing-bearish-marubozu-triggered-smith-douglas-15min-chart-2508/
[2] https://www.ainvest.com/news/bullish-marubozu-smith-douglas-15min-chart-bollinger-bands-expanding-upward-2507/
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