Concord Medical Services Holdings: RSI Overbought, Bollinger Bands Narrowing on 15-Min Chart

Based on Concord Medical Services Holdings's 15-minute chart, a technical analysis has been conducted which indicates that the Relative Strength Index (RSI) has reached an overbought level. Additionally, the Bollinger Bands have narrowed, suggesting a decrease in the magnitude of stock price fluctuations. This suggests that the stock price has risen rapidly and may be outpacing fundamental support.