Prologis's 15min chart shows Bollinger Bands expanding upward, bullish Marubozu signal.

Prologis's 15-minute chart exhibits a bullish trend, as indicated by the Bollinger Bands expanding upward and a bullish Marubozu formation on June 23, 2025 at 15:30. This suggests that market momentum is being driven by buyers, who are exerting control over the market. As a result, it is likely that bullish momentum will continue.

Prologis (FBBPF) has exhibited a bullish trend over the past few weeks, as indicated by a 15-minute chart that shows expanding Bollinger Bands and a bullish Marubozu formation on June 23, 2025, at 15:30. These technical indicators suggest that market momentum is being driven by buyers, who are exerting control over the market. As a result, it is likely that bullish momentum will continue.

The Bollinger Bands, developed by John Bollinger, consist of three lines plotted on a price chart: a simple moving average (SMA) and two bands that represent standard deviations above and below the SMA. The upward expansion of these bands indicates increased volatility and a potential overbought condition. However, in the context of Prologis, this upward movement signifies a strong buying trend [1].

The Marubozu formation is a candlestick pattern that suggests a strong trend in either direction. In the case of Prologis on June 23, 2025, the bullish Marubozu formation indicates that the market is being driven by buyers, with little to no selling pressure. This formation is characterized by a long body and no shadows on the candlestick, suggesting a strong bullish sentiment [2].

These technical indicators, combined with the company's strong financial performance, provide a positive outlook for Prologis. The company reported a 25% increase in FFO (Funds From Operations) and a record rent change of 65% on rollover during the quarter ending April 30, 2025 [2]. Additionally, the company maintained a strong occupancy rate of above 98% and a BBB+ credit rating, reflecting disciplined capital management and sound fundamentals.

While there are some challenges, such as trade uncertainty and a slowdown in demand in border markets, Prologis has demonstrated resilience in the current market environment. The company's ability to navigate these challenges, along with its strong financial position, suggests that the bullish trend may continue.

References:
[1] https://www.cnbc.com/2025/06/23/using-options-to-hedge-against-a-tech-decline-as-sector-becomes-overbought.html
[2] https://www.gurufocus.com/news/2939698/fibra-prologis-fbbpf-target-price-raised-by-barclays-amid-market-challenges-fbbpf-stock-news