Alphabet C's 15min Chart: RSI Overbought and Bollinger Bands Narrowing

The 15-minute chart for Alphabet C has recently exhibited two notable indicators: an overbought reading on the Relative Strength Index (RSI) and narrowing Bollinger Bands. This suggests that the stock's price has risen precipitously and is outpacing fundamental support, indicating a potential reversal in momentum. Furthermore, the decreasing magnitude of price fluctuations suggests that the stock's volatility is diminishing, which may signal a stabilization in the market.