Tamboran Resources: 15min chart shows Bollinger Bands Narrowing, Bearish Marubozu signal.

Wednesday, Aug 20, 2025 1:01 pm ET1min read

According to the 15-minute chart of Tamboran Resources, the recent price action has triggered a narrowing of Bollinger Bands and a bearish Marubozu formation on August 20, 2025 at 12:45. This suggests that the magnitude of stock price fluctuations is decreasing, indicating that sellers are currently in control of the market, and bearish momentum is likely to persist.

Tamboran Resources Corporation (NYSE: TBN), a natural gas company focused on the development of unconventional gas resources in Australia's Northern Territory, has been in the spotlight for its recent agreement with Native Title Holders and the Northern Land Council (NLC). This historic deal, announced on August 20, 2025, aims to sell appraisal gas from its Shenandoah South Pilot in the Beetaloo Basin, a significant move that could help meet Australia's domestic energy needs for over 200 years [1].

Analysts have noted that the narrowing of Bollinger Bands and the formation of a bearish Marubozu on August 20, 2025, at 12:45, suggest a decrease in stock price fluctuations and a potential continuation of bearish momentum. This indicates that sellers are currently in control of the market, which could impact TBN's stock price in the near future.

Despite the recent market sentiment, the agreement with NLC is expected to have a positive long-term impact on TBN's operations and growth prospects. The NLC has described the deal as significant for economic growth in the Northern Territory, which could translate into increased investment and operational efficiency for TBN.

While the immediate market outlook for TBN appears bearish, investors should consider the long-term potential of the company's unconventional gas resources and the strategic significance of the Beetaloo Basin. The company's focus on meeting Australia's domestic energy needs positions it as a key player in the country's energy sector.

References:
[1] https://finance.yahoo.com/news/tamboran-resources-corporation-tbn-signs-055224472.html

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