First Mid Bancshares: RSI Overbought, Bollinger Bands Narrowing on 15min Chart

In the 15-minute chart for First Mid Bancshares, recent trading activity has triggered both RSI Overbought and Bollinger Bands Narrowing indicators on December 3rd, 2023 at 14:45. This suggests that the stock price has risen too quickly and exceeds the underlying fundamentals, which could indicate a potential reversal in the stock's upward momentum. Furthermore, the narrowing of Bollinger Bands signifies a decrease in the magnitude of stock price fluctuations, indicating a period of relative stability in the market.