NetApp's 15min chart shows RSI overbought and Bollinger Bands narrowing.

At 02:00 on 06/02/2023, NetApp's 15-minute chart indicated a high level of overbought conditions, as measured by the Relative Strength Index (RSI). Furthermore, the Bollinger Bands, which gauge volatility, have narrowed at this time, suggesting a decrease in the magnitude of stock price fluctuations. This indicates that the stock price has risen more rapidly than the underlying fundamentals can support, and is at risk of a correction.