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Progress Software's 15min chart displays Bollinger Bands Narrowing, Bearish Marubozu
ByAinvest
Friday, Oct 31, 2025 11:05 am ET1min read
According to the 15-minute chart of Progress Software, the recent trading activity has triggered a narrowing of Bollinger Bands and a bearish Marubozu formation on October 31, 2025, at 11:00. This indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers currently dominate the market. As a result, it is likely that bearish momentum will continue.
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