Perma-Pipe's 15min chart sees Bollinger Bands expanding upward and downward.

Perma-Pipe's 15-minute chart has exhibited a notable trend reversal, as evidenced by the expanding Bollinger Bands. Specifically, the Bollinger Bands have been expanding upward and downward, respectively, as of August 14, 2025 at 15:00. This indicates that the market trend is currently being driven by buyer activity, whereas the expanding downward Bollinger Bands suggest that market trend is also being driven by seller activity.

Perma-Pipe International Holdings Inc (PPIH) has shown significant price movements and technical indicators that warrant attention from investors. The stock ended at $27.20 on Wednesday, August 13, 2025, after gaining 2.64% [1]. This upward trend is part of a broader, short-term rising trend, with the stock up by 16.84% over the past two weeks.

Analyzing the 15-minute chart, a notable trend reversal is evident, particularly with the expanding Bollinger Bands. As of August 14, 2025, at 15:00, the Bollinger Bands have been expanding both upward and downward, indicating a market trend driven by both buyer and seller activities [1]. This expansion suggests increased volatility and potential for further price movements.

The stock's performance during the last trading day was robust, with a day high of $27.62 and a day low of $26.15, representing a 5.62% fluctuation. The volume also increased, with 127 thousand shares traded for approximately $3.46 million, showing strong investor interest [1].

Technical indicators provide further insights. The Moving Averages (MAs) and MACD (Moving Average Convergence Divergence) are signaling buy opportunities. The short-term MA is above the long-term MA, and the MACD is indicating a buy signal, suggesting a continued upward trend [1]. Additionally, the stock has found support at $25.12 and $25.11, with potential resistance at $27.99 [1].

For the upcoming trading day on Thursday, August 14, 2025, the stock is expected to open at $26.99 and move between $26.41 and $27.99, with a possible swing range of +/-$1.59 (+/-6.01%) [1]. The risk-reward ratio appears attractive, with support from accumulated volume at $25.12, suggesting a potential 6.01% move during the day.

In conclusion, Perma-Pipe International Holdings Inc exhibits strong technical signals and is within a robust rising trend. The expanding Bollinger Bands and positive Moving Averages indicate a favorable outlook for the stock. Given these factors, it is a strong candidate for investment.

References:
[1] https://stockinvest.us/stock/PPIH