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Builders Firstsource's 15-minute chart has triggered an RSI (Relative Strength Index) reading of overbought and Bollinger Bands have narrowed to a significant degree at 11:30 on 25 November 2022. This indicates that the stock price has risen too rapidly and is currently trading at a level that is higher than its fundamental support. Moreover, the magnitude of the stock price fluctuations has decreased, suggesting a reduction in volatility. This could be a sign that the stock is due for a correction.
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