NOC Rides Bullish EMAs Higher to $577.37

Northrop Grumman Corp (NOC) closed down 0.86% at $577.37 on December 27.

Technical indicators paint a bullish picture:

• Moving Averages: Price trades above the 9-day EMA ($573.72) with a bullish stack. The 21-day EMA at $568.80 provides support.
• Momentum: RSI at 56.6 is in neutral territory but trending higher. MACD is bullish (2.18 vs signal -1.19).
• Volatility: Bollinger Band width at 8.6% indicates low volatility.

Key levels to watch: Support at $539.19, Resistance at $587.63.