Based on the 15-minute chart of Tencent Music, a narrowing of Bollinger Bands and a bearish Marubozu pattern on September 9, 2025 at 14:45 indicates a decrease in stock price volatility and a potential continuation of bearish momentum, as sellers are exerting control over the market.
Based on the 15-minute chart of Tencent Music, a significant technical indicator has emerged. The Bollinger Bands have narrowed, suggesting a decrease in stock price volatility. Additionally, a bearish Marubozu pattern was observed on September 9, 2025, at 14:45, indicating that sellers are exerting control over the market and that bearish momentum is likely to continue.
The Bollinger Bands, a volatility indicator, consist of a moving average with two standard deviations above and below. When the bands narrow, it indicates a decrease in price volatility. For Tencent Music, the narrowing bands suggest that the magnitude of price fluctuations is decreasing, indicating that sellers are currently dominating the market
Yelp's 15-minute chart signals Bollinger Bands narrowing ...[1].
The Bearish Marubozu candlestick pattern, characterized by a long body with no upper or lower shadows, is a strong indication of selling pressure. The appearance of this pattern on September 9, 2025, at 14:45 further supports the notion that the stock is experiencing significant selling pressure
Yelp's 15-minute chart signals Bollinger Bands narrowing ...[1].
These technical indicators suggest that investors should be cautious when considering investments in Tencent Music. The likelihood of continued bearish momentum implies that the stock may continue to decline in the near term. Investors should closely monitor the market and consider alternative investment opportunities.
References:
Yelp's 15-minute chart signals Bollinger Bands narrowing ...[1] https://www.ainvest.com/news/financial-15min-chart-shows-bollinger-bands-narrowing-bearish-marubozu-2509-2/
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