Volatility Contraction Sets Up AWK Move Near $130.55

American Water Works Co Inc (AWK) closed down 0.56% at $130.55 on December 27.

Technical indicators paint a mixed picture:

• Moving Averages: Mixed signals with price near the 9-day EMA ($131.25). The 21-day EMA sits at $130.95.
• Momentum: RSI at 46.4 is in neutral territory. MACD is bullish (-0.17 vs signal -0.33).
• Volatility: Stock has been in a TTM Squeeze for 9 days, indicating compressed volatility and potential for a significant move.

Key levels to watch: Support at $127.51, Resistance at $134.15.