Group Simec's 15min chart triggers RSI Overbought and Bollinger Bands Narrowing.

Tuesday, Dec 2, 2025 1:55 pm ET1min read

Based on the 15-minute chart for Group Simec, the Relative Strength Index (RSI) has reached an overbought level, and the Bollinger Bands have narrowed at 12:45 on February 2, 2025. This indicates that the stock price has risen too rapidly and exceeds the support provided by fundamental analysis, resulting in a decrease in the magnitude of stock price fluctuations.

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