Viper Energy: RSI Overbought, Bollinger Bands Narrowing on 15-Minute Chart

Viper Energy's 15-minute chart has exhibited signs of overbought conditions, as indicated by the Relative Strength Index (RSI) reaching extreme levels, and the narrowing of Bollinger Bands at 02/06/2023 14:15. This suggests that the stock price has experienced a significant and rapid increase, exceeding the underlying fundamentals that support it, and is now experiencing a decrease in the magnitude of its fluctuations.