Applied Materials: RSI Overbought, Bollinger Bands Narrowing on 15min Chart
ByAinvest
Friday, Feb 6, 2026 2:04 pm ET1min read
AMAT--
At Bloomberg, we closely monitor various technical indicators to gauge market trends. Recently, the 15-minute chart for Applied Materials triggered an RSI Overbought signal and Bollinger Bands Narrowing on February 6, 2023 at 14:00. This suggests that the stock's price has experienced a rapid increase, potentially exceeding its fundamental support levels. Furthermore, the magnitude of the stock price fluctuations has decreased, indicating a consolidation in the market.
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